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Merger with Padma Bank: What's in it for Exim Bank?

Dhaka, March 16 -- In the swirling uncertainties of Bangladesh's banking sector, debt scam-ridden Padma Bank is unable to repay depositors, with its accumulated losses climbing close to Tk 10 billion.... Read More


Bangladesh is eyeing mergers to bail out debt-ridden banks. Is the plan viable?

Dhaka, Feb. 13 -- Prime Minister Sheikh Hasina recently announced plans to merge the struggling Padma Bank with another banking institution to protect its customers and stabilise the financial sector.... Read More


Awami League will find it difficult to seal future seat-sharing deals with allies: Menon

Dhaka, Jan. 22 -- It will be difficult for the Awami League to strike deals on sharing seats with its allies in future because of the way it treated its partners in the recent general election, accord... Read More


After an unstable 2023, can the Bangladesh economy regain momentum after the election?

Dhaka, Dec. 31 -- The start of 2023 brought good news for Bangladesh's economy - the approval of a $3.3 billion loan agreement by the International Monetary Fund. But, as the year rolled on, people wi... Read More


BB 'removes' Phoenix Finance CEO Intekhab Alam over loan irregularities

Dhaka, Dec. 29 -- Bangladesh Bank has instructed the removal of SM Intekhab Alam as the chief executive officer of non-bank financial institution Phoenix Finance and Investment over 'involvement' in l... Read More