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Three committees in the board of graft-ridden National Bank were formed, a week after the central bank reconstituted the governing body to help the country's first private sector lender make a comeback.
Sikder Insurance Company Limited has invested most of its assets in the capital market, parking funds in a single stock of scandal-ridden National Bank Ltd (NBL), in a corporate wrongdoing influenced by family ties.
Bangladesh Bank yesterday reconstituted the board of National Bank, in a move that is expected to steady the ship at the country’s first private sector bank beset by financial irregularities.
"Tolerance is the basis of building and linking societies, in addition to disseminating the values of peace and coexistence. Furthermore, the UAE society i..
Bangladesh Bank yesterday banned 10 members of Sikder family and two officials of Sikder Group from using international credit cards for two years as they took loans from National Bank Ltd beyond their credit card limit grossly violating the banking rules.