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CORRUPTION OF BANKING SECTOR IN BANGLADESH

Corrupted Banks in Bangladesh(i) Social Investment Bank Ltd(ii) Islami Bank Ltd(iii) Sonali Bank Ltd(iv) Basic Bank Ltd(v) Pubali Bank Ltd(vi) Jamuna Bank Ltd(vii)AB Bank Ltd

MOST CORRUPTED BANKS IN BANGLADESH

SONALI BANK SCAMSonali bank is a state owned commercial bank

MOST CORRUPTED BANKS IN BANGLADESH

The state-owned Sonali Bank has written off the loans by the Hallmark Group, as there is no hope of getting the money back. Of the loan amount, around Tk1,700 crore has been written off against the loans of the Hallmark Group from the Ruposhi Bangla Hotel branch, and 13 other clients from other branches.

Basic Bank Scam

BASIC Bank Limited is one of seven state owned banks in Bangladesh. Basic bank authority withdraw money from the bank through fake companies and fake accounts. BASIC Bank Dilkusha branch doled out Tk 683 crore in loans to 16 borrowers, all of whom took the money through illegal means. In Gulshan branch, 12 clients took out Tk 297 crore through pay orders or in cash.

NEGATIVE IMPACT OF BANK CORRUPTION

Last few years criminal activities in bank have increased. As a result customers are losing confidence. It is a big obstacle to developed of a country. As a result, people kept their saving money in foreign bank

Robbery Cases In Bangladesh Two arrested Over ATM money robbery in gazipur.March 4, 2016.UCB says foreigner caught in booth’s CCTV camera from UCB ATM booths in the banana area when those foreigner tried to steal the client’s card information and fund by using skimming device.

Conclusion

We all Know that nothing is perfect in the universe and everything has it’s good or bad side. If this are continued in Bangladesh how the economic growth is possible ?