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Palli Sanchay Bank had 34.45 billion taka in 2021 which was a decrease of 2.74 billion taka from 37.19 billion taka in 2020. [11] It has deposited 3.04 billion taka with the Bangladesh Commerce Bank Limited. [11] An audit by Bangladesh Bank found evidence of loan forgery and embezzlement. [11]
In 2021, a group of Standard Bank employees filed a complaint with the Bangladesh Bank alleging that the bank was violating labor laws. The complaint alleged that Standard Bank was forcing employees to work overtime without pay and that it was discriminating against pregnant women and women with young children.
The takeover of Islami Bank started in 2013 and was supported by the Awami League government as it was linked with the Bangladesh Jamaat-e-Islami. [14] According to New Age, S. Alam Group had taken 300 billion taka loans from Islami Bank Bangladesh Ltd which was denied by the bank.
In June, the Bank had 19.54 billion BDT in bad loans accounting for 9.63 per cent of all loans of the bank. [20] In November, Bangladesh Bank appointed Md Shazzad Hossoin, an official of Bangladesh Bank, to one bank as an observer. [20] One Bank reduced their CEO pay following decline in profit in 2021. [21]
Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. According to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka Branch of the State Bank of Pakistan as the central bank of the country and named it Bangladesh Bank with retrospective effect from 16 ...
On 23 September 2021, an inspection by Bangladesh Bank found that the bank overstated the cash in its vault of Gulshan branch by 190 million out of a total of 310 million taka. [10] Deputy managing director of Union Bank PLC , Hasan Iqbal, said that the missing cash was given to a "VIP client" after regular hours.
Bangladesh has been gripped by violence this week after relentless clashes between student protesters, security officials and pro-government student activists over a quota system for government jobs.
The latest is the 51th branch of BDBL in Chitalmari Branch, Bagerhat. The bank's new branch, Amin Tower, 1st Floor, Upozilla Road, Chitalmari, Bagerhat, the 51th branch of Bangladesh Development Bank PLC (BDBL), was inaugurated in Chitalmari, Bagerhat on 16-01-2025.[1] Bangladesh Development Bank PLC (BDBL) operates its banking operations online.