How a Bank Conceals Tk995cr Loss by Delaying Provisions
As of December 2024, the bank’s general provision stands at TK1,447.62 crores, according to a qualified opinion from auditors. This includes TK53.81 crores set aside for unclassified loans and TK1,393.81 crores for classified loans and advances. A private sector bank, known as One Bank, reported an 11.30% profit increase in 2024, achieving an after-tax net […]