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BB orders freezing Northern Jute’s bank accounts

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Factory laid off, shares tumble The Bangladesh Bank (BB) on Sunday directed all banks to freeze accounts of listed company Northern Jute Manufacturing Company Limited...

Bank Company Act (Amendment): BB for strict actions against willful defaulters

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According to the draft bill, any borrower who fails to pay back his/her loans despite his/her ability will be termed as a willful defaulter Bangladesh...

Loan rescheduling hits new record

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Rescheduling rises 117.29% in 2019 Banks rescheduled a record amount of defaulted loans in 2019 in their frantic efforts to minimize or, in other words,...

BB fines BCBL for hiding loan default record of remittance award...

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The defaulter, Shahjahan Bablu, was awarded Bangladesh Bank Remittance Award 2018 on October 7 this year The Bangladesh Bank (BB) has fined the Bangladesh Commerce...

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