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11 banks face huge capital shortfall | The Daily Star

Eleven banks faced a capital shortfall of Tk 24,783 crore in the first quarter of 2021, which highlighted the fragile health of the lenders. The banks are Bangladesh Krishi Bank, Sonali, Agrani, ICB Islamic, Rajshahi Krishi Unnayan, BASIC, Bangladesh Commerce, Rupali, Janata, Padma, and AB Bank. Corruptions perpetrated at the banks are mainly responsible for the large capital ....

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Nine banks incur net losses in Q1 | The Daily Star

The specialised development bank also incurred a net loss of Tk 533 crore last year.
This has given an indication that the net loss in the bank may increase to a large extent this year compared to the previous year.
An official of the lender said that it had been facing a large volume of default loans since 2012, when it gave out funds to the non-farm sector in a breach of banking norms.
The bank s loan recovery trend from the farm sector is good, but a large amount of fund has been stuck in the non-farm sector, which made it a loss-making lender, he added. ....

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Janata casts a pall on banking sector's profit

Janata casts a pall on banking sector’s profit
The state-run lender logs a staggering Tk 5,054cr loss in 2020; StanChart posts highest net profit of Tk 1,225cr
Net profit in the banking industry plunged 44 per cent year-on-year to Tk 5,279 crore last year because of the massive loss incurred by state-run Janata Bank.
The state lender made a net loss of Tk 5,054 crore in 2020 as it had to keep aside a vast amount as provisions against bad debts, provisional data from the central bank showed.
Standard Chartered Bangladesh posted a net profit of Tk 1,225 crore, the highest among all lenders, in contrast to Tk 1,163 crore a year ago. ....

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10 banks faced capital shortfall of Tk 28,949cr in 2020

10 banks faced capital shortfall of Tk 28,949cr in 2020
Star Business Report
Star Business Report
Ten banks have faced a capital shortfall of Tk 28,949 crore last year because of their high ratio of defaulted loans.
The 10 banks are Agrani, Basic, Janata, Rupali, Sonali, Bangladesh Krishi, Rajshahi Krishi Unnayan, Bangladesh Commerce, ICB Islamic and Padma.
The banks had earlier suffered a wide range of financial scams that eroded their capital base substantially.
Among the lenders, Bangladesh Krishi Bank faced the highest amount of capital shortfall, which stood at Tk 10,819 crore at the end of last year, data from the central bank showed. ....

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Boro transplantation work nears completion in Panchagarh | Bangladesh Sangbad Sangstha (BSS)

Boro transplantation work nears completion in Panchagarh | Bangladesh Sangbad Sangstha (BSS)
bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.

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