BASE Textiles Limited has defaulted on Tk328 crore in loans to three banks, and with the owners fleeing, loan recovery prospects have become uncertain.   According to creditors, the Chattogram-based ...

A surge of immigrants boosted the labor market and helped cool inflation during Joe Biden's administration. Under Donald ...

KARACHI: Standard Chartered Karachi United Youth Football League 2024 concluded, having sponsored over 1,300 footballers.

Despite lacking a Bangladesh Bank licence, Nagad became the fastest-growing MFS provider, driven by the mandate that primary and secondary students open Nagad accounts to receive government stipends ...

Banreservas grew its factoring portfolio by 63.5% in 2024 over the previous year. The bank also launched “Factoring ...

In collaboration with Youth Business International and the FATE Foundation, Standard Chartered Bank has graduated the second ...

Limited, in partnership with Youth Business International and FATE Foundation, has graduated the second cohort of the Revolving Fund Programme and offered them loans at single digits.According to a ...

We see Bank of Nova Scotia as being in strong overall financial health, and we do not believe any potential future issues will be an existential risk to the bank. Given how leveraged the Canadian ...

National Bank of Kuwait (NBK) has announced its financial results for the financial year ended 31 December 2024.The Bank ...

The Spanish bank is considering a “number of options ... Scaling back Santander’s business in Britain is one of several options, the FT’s sources said, but no deal or announcement was ...

In 1999, the Philippines was a developing country adjudged by the World Bank to be of middle-middle-incomes status…A quarter-century later, the ...

Independent Online, popularly known as IOL, is one of South Africa’s leading news and information websites bringing millions of readers breaking news and updates on Politics, Current Affairs ...