State-owned, Islamic Shariah-based, and specialised banks have seen deeper deterioration in their financial positions, ...

The capital shortfall in 19 banks in Bangladesh soared to record Tk 1,71,777 crore by the end of December 2024, marking the ...

The Capital to Risk-Weighted Assets Ratio (CRAR) in Bangladesh’s banking sector plummeted to an all-time low of 3.08 per cent in December 2024 — far below the regulatory minimum of 10 per cent under ...

Several bank directors and officials said the Bangladesh Bank had imposed stricter conditions on dividend declarations. The central bank stated that banks cannot declare dividends if they have ...

IFIC Bank PLC has signed a memorandum of understanding (MoU) with the Investment Corporation of Bangladesh (ICB) to provide ...

Brac Bank has promoted four senior leadership team members to Additional Managing Director (AMD) and Deputy Managing Director ...

But the wheel of fortune turned sharply on 5 August 2024 when Sheikh Hasina's government was ousted following a fierce uprising. Salman, once a business titan, was arrested and jailed. Without his ...

Students honored with IFIC Eco Solve awards for pioneering environmental innovations Press Release IFIC Bank has honored the ...

Agricultural loan disbursement in Bangladesh has slowed down, with banks disbursing Tk 3,639 crore less than the target of Tk 28,500 crore during the first nine months of the current fiscal year ...

The swift decline in inflation observed throughout 2024 has allowed Bank al-Maghrib to cut the policy rate by 50 basis points to 2.5 percent. Morocco’s external position remains strong. Despite ...

Online banks and fintechs have grown in popularity, offering convenient, fee-free banking in the palm of your hand. Online banks can be very attractive because of their minimal fees and other perks ...

The combination of these two companies operating in growing markets provides a great opportunity for our teams to continue to deliver high-quality, relationship-based banking products, services ...