BRAC Bank's branch network has marked a record achievement by making a net deposit growth of Tk 12,000 crore in the 12 months of 2024 amid deposit crisis in the banking industry. The bank’s branch distribution network has acquired a remarkable capability of making monthly Tk 1,000 crore net deposit
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BRAC Bank branches get Tk 2,000cr deposit growth in Sept’24
BRAC Bank’s branch network had a net deposit growth of Tk 2,000 crore in September 2024, the highest single-month deposit growth by any Branch Network in Bangladesh, a press release said Friday. This milestone reflects the bank's increasing customer confidence, strong engagement, and robust relationships. Sheikh Mohammad Ashfaque, Deputy Managing
10 banks face provision shortfall of over Tk 31,000cr
Ten banks, including six private commercial ones, had faced a provision shortfall of around Taka 31,549 crore in total at the end of June this year, as per the latest data of Bangladesh Bank (BB). The banks are National Bank, BASIC Bank, Agrani Bank, Rupali Bank, Bangladesh Commerce Bank, Dhaka Bank,
BPDB’s outstanding bills surge to Tk 45,000cr
Bangladesh Power Development Board (BPDB) is grappling with a staggering Tk 45,000 crore ($4 billion) in outstanding bills, a burden that has become a critical issue for the newly formed interim government. The latest financial assessment, conducted after the fall of the Awami League government, has been submitted to the
S. Alam Group to invest Tk 58,000cr in BEZA
S. Alam Group, one of the leading business conglomerates of the country, is in the process of investing more than Tk 58,000 crore in two special industrial zones approved by Bangladesh Economic Zones Authority (BEZA). When the operation of these two special economic industrial zones under construction in Banshkhali of Chattogram
Desun Hospital to invest 1,000cr in Bangladesh
India's Desun Hospital has announced to invest Tk1,000 crore to establish hospitals in Bangladesh. “The goal is to provide state-of-the-art medical services at affordable prices,” Sajal Dutta, chairman and managing director of Desun Hospital, made the announcement at a press briefing in Dhaka. They have planned to make the investment within five