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Md Mehedi Hasan

Investigation is my foremost interest

Md Mehedi Hasan, Bangladeshi investigative journalist covering financial crimes especially in banking industry. Currently, working at The Daily Star as senior staff reporter with more than eight years of experience in the field of journalism.

hall mark loan scam Bangladesh

A scammer dies, but the rot in Bangladesh’s banks lives on

The Hallmark scam was the largest loan scam involving Sonali Bank at that time
1 December 2025, 13:53 PM
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BB board clears winding up of nine non-banks

Governor says govt verbally approved Tk 5,000cr to pay depositors; Sammilito Islami Bank gets licence
30 November 2025, 18:00 PM
Bad loans in banking sector

Bad loans continue to break records

Defaulted loans in the banking sector rose further to Tk 6.44 lakh crore, or nearly 36 percent of total disbursed loans, at the end of September, indicating the continued fragile state of the country’s financial sector.
26 November 2025, 18:10 PM
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Bank Asia ramps up retail-SME drive, bets on digital banking

Bank Asia plans to accelerate the expansion of retail and SME lending, strengthen its presence at home and abroad, widen its agent network, and continue leading digital innovation in the coming years. The private bank wants to expand SME and retail loans to at least 50 percent of the total portfolio within the next three years.
26 November 2025, 18:00 PM
Bank merger impact on employee salary

Bank merger: employees to face salary, benefit cuts

Today, fresh Tk 350 crore liquidity support approved for the to-be-merged banks, taking the total to Tk 35,300 crore
26 November 2025, 15:42 PM
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Defaulted loans double to a record Tk 6.44 lakh crore in a year

This is the highest bad loan ratio since 2000
26 November 2025, 09:31 AM
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Default loans hit 34%, highest in 25 years

NPLs reach their highest level since 2000, reflecting irresponsible lending, political influence under previous regime
25 November 2025, 19:29 PM
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BB yet to release Q2 bad loan data

Bangladesh Bank has not published the banking sector’s classified loan data for the April-June quarter even five months after it ended, leaving analysts without a clear picture of the sector’s condition.
24 November 2025, 19:40 PM
mashrur.jpg

How City Bank became a top lender

While the country’s financial sector is passing through a challenging period with more than a dozen banks with weak financials, City Bank has emerged not only as one of the top lenders but also as a pioneer of financial technology.
1 October 2025, 18:00 PM
bfiu_money_freeze.jpg

10 businesses, Hasina family: Tk 57,257cr in assets frozen at home, abroad

The document shows that Tk 46,805.32 crore of the assets are in Bangladesh, while the remaining Tk 10,451.54 crore are abroad.
24 September 2025, 18:05 PM
nbfi.jpg

NBFI crisis locks up depositors’ savings

Nine non-banks set for liquidation owe Tk 15,370cr to savers
20 September 2025, 18:38 PM
ifc.png

Stakeholder engagement vital for interoperable payment system

Stakeholder involvement is the key to the success of an interoperable instant payment system, yet this was missing when Bangladesh introduced its first digital platform “Binimoy” a few years ago, according to Snigdha Ali, country lead of Inclusive Financial Systems (IFS), an initiative of the Gates Foundation.
16 September 2025, 18:00 PM
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Largest Islamic bank in the making

The five banks slated for consolidation are First Security Islami Bank, Union Bank, Global Islami Bank, Social Islami Bank and Exim Bank.
7 September 2025, 18:14 PM
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City Bank, bKash, TransUnion get primary nod for private credit bureaus

Central bank approves private entities to run credit bureaus
3 September 2025, 18:00 PM
fsibl-plc.jpg

First Security Islami Bank paying staff from depositors’ funds

The financial health of First Security Islami Bank PLC has turned so dire that it is now paying staff salaries directly from depositors’ money, according to a Bangladesh Bank (BB) document.
2 September 2025, 18:00 PM
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Govt’s bank borrowing falls amid weak ADP spending

Low development spending leads to a sharp decline in government borrowing
1 September 2025, 18:00 PM
bangladesh-bank-bb.jpg

Bangladesh Bank buys nearly $1b from market as dollar falls

Between 13 July and August, the central bank bought $948 million from commercial banks through seven auctions
1 September 2025, 18:00 PM
nbfis facing liquidation in bangladesh

9 NBFIs staring at liquidation

Nine non-bank financial institutions (NBFIs) out of a total of 35 are likely to be liquidated in the interest of depositors, making it the first such incident in the financial sector.
21 August 2025, 21:45 PM
bad loans in Bangladeshi banks 2024

Distressed loans surge to Tk 7.56 lakh cr

Banking sector's asset quality declines as distressed loans balloon to Tk 7.56 lakh crore
19 August 2025, 18:11 PM
merger_of_5_islamic_banks.png

BB to outline merger process for five ailing Islamic banks

BB officials said the central bank decided to set up an office at Sena Kalyan Bhaban in Motijheel to oversee the process.
12 August 2025, 22:10 PM
basic-banking-services.jpg

Financial reforms show the way

In August last year, when the current governor took charge of the central bank, basic banking services were in turmoil. In parts of Dhaka, ATMs were out of service, and some cash-strapped banks were unable to honour cheques for as little as Tk 5,000.
12 August 2025, 18:00 PM
Bangladesh Bank loan rescheduling

BB allows loan rescheduling for 250 firms for up to 15 years

Down payments start at 1% with grace periods reaching 3 years
9 August 2025, 19:27 PM
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BB suspends Binimoy over irregularities

Central bank halts Binimoy services over alleged contract breach and irregularities
3 August 2025, 18:00 PM
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External balance swings to surplus after 3 years

The country’s balance of payments returned to a surplus in the fiscal year (FY) 2024-25, ending a three-year spell of deficits.
2 August 2025, 19:24 PM
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Is there room to cut policy rate from 10%?

The central bank is set to unveil its latest monetary policy for the first half of the fiscal year (FY) 2025-26 tomorrow, as inflation slows but private sector credit growth hovers at multi-year lows, underscoring the fragility of the country’s economic recovery.
29 July 2025, 18:00 PM
cashless-society10.jpg

Cashless society still a distant dream

Bangladesh’s goal of a cashless future is colliding with failed projects, user mistrust, and an economy that thrives on cash
25 July 2025, 18:00 PM
fraudulant.jpg

Fraudulent trade deals enable money laundering: study

Fraudulent trade transactions are one of the key reasons behind the rise in non-performing loans (NPLs) in Bangladesh’s banking sector, creating a dangerous feedback loop that undermines financial stability and enables trade-based money laundering (TBML), according to a study by the Bangladesh Institute of Bank Management (BIBM).
21 July 2025, 18:00 PM
bad_loans_at_islamic_banks.png

Audits expose hidden bad loans at 6 Islamic banks

The reviews, initiated in January with backing from the ADB, expose deep-seated financial mismanagement at those banks
20 July 2025, 18:16 PM

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