Wednesday , February 19 2025
National bank limited logo

BB dissolves National Bank board

Bangladesh Bank dissolved the Board of Directors of National Bank. On Thursday (December 21), Bangladesh Bank has issued an order to dissolve the current board of the bank and form a new board.

It is known that a new board of seven members has been formed where Ron and Rick Haque Shikder are left out. This decision has been taken to protect the interests of the depositors and public interest.

150 Gov.t Portal affected
Black-Hat SEO Poisoning Indian “.gov.in, .ac.in” domain

Indian government and educational websites, along with reputable financial brands, have experienced SEO poisoning, causing user traffic to be redirected...
Read More
150 Gov.t Portal affected  Black-Hat SEO Poisoning Indian “.gov.in, .ac.in” domain

CVE-2018-19410 Exposes 600 PRTG Instances in Bangladesh

The Cyber Threat Intelligence Unit of BGD e-GOV CIRT has found 600 vulnerable PRTG instances in Bangladesh, affected by the...
Read More
CVE-2018-19410 Exposes 600 PRTG Instances in Bangladesh

Builder claims Rs 150 cr for data loss; AWS faces FIR In Bengaluru

Amazon Web Services (AWS) has been named in an FIR after a builder claimed damages to the tune of Rs...
Read More
Builder claims Rs 150 cr for data loss;  AWS faces FIR In Bengaluru

CISA Warns Active Exploitation of Apple iOS Security Flaw

CISA has issued an urgent warning about a critical zero-day vulnerability in Apple iOS and iPadOS, known as CVE-2025-24200, which...
Read More
CISA Warns Active Exploitation of Apple iOS Security Flaw

Massive IoT Data Breach Exposes 2.7 Billion Records

A major IoT data breach has exposed 2.7 billion records, including Wi-Fi network names, passwords, IP addresses, and device IDs....
Read More
Massive IoT Data Breach Exposes 2.7 Billion Records

SonicWall Firewall Auth Bypass Vulnerability Exploited in Wild

A serious authentication bypass vulnerability in SonicWall firewalls, called CVE-2024-53704, is currently being exploited, according to cybersecurity firms. The increase...
Read More
SonicWall Firewall Auth Bypass Vulnerability Exploited in Wild

AMD Patches High-Severity SMM Vulns Affecting EPYC and Ryzen Processors

AMD has released security patches for two high-severity vulnerabilities in its System Management Mode (SMM). If exploited, these could let...
Read More
AMD Patches High-Severity SMM Vulns Affecting EPYC and Ryzen Processors

Lazarus Group Unleashes New Malware Against Developers Worldwide

Lazarus Group has initiated a complex global campaign aimed at software developers and cryptocurrency users. Operation Marstech Mayhem uses the...
Read More
Lazarus Group Unleashes New Malware Against Developers Worldwide

Daily Security Update Dated : 15.02.2025

Every day a lot of cyberattack happen around the world including ransomware, Malware attack, data breaches, website defacement and so...
Read More
Daily Security Update Dated : 15.02.2025

Salt Typhoon to target Bangladeshi Universities, One identified

RedMike (Salt Typhoon) targeted university devices in Bangladesh, likely to access research in telecommunications, engineering, and technology, especially from institutions...
Read More
Salt Typhoon to target Bangladeshi Universities, One identified

Executive Director and Spokesperson of Bangladesh Bank Mezbaul Haque sai, Syed Farad Anwar will serve as the Chairman of the newly formed Board of Directors who is currently serving as Independent Director of Meghna Bank. Apart from that, Bangladesh Bank’s former executive director Sirajul Islam, Southeast Bank’s former managing director Md. Kamal Hossain, Khalilur Rahman, Parveen Haque Sikder, Shafiqur Rahman and Moazzem Hossain are the directors. Three directors of the previous board of directors have been appointed to the new board of directors. The rest of the directors were declared ineligible. He also said that the total number of directors in the previous board was eight. Three of them got a place in the new board.

According to Bangladesh Bank data, the combined capital shortfall of banks in the third quarter ended September 30 was Tk 37,506 crore. This figure for September was the highest deficit. Earlier, the highest deficit recorded in the last quarter of 2021 was Tk 33 thousand 744 crore.

As per international regulatory framework Basel III, the minimum capital adequacy ratio (CAR) for banks is 10.5 percent. In addition to this, an additional two and a half percent has to be kept as security. 14 banks failed to maintain minimum CAR. The banking sector’s CAR was 11.08 percent in September.

According to the Central Bank’s Financial Stability Report 2022, banks in the country continue to have the lowest CARs in South Asia. The capital deficit of most of these 14 banks increased from last July to September.

Check Also

NVDP

BCSI officially announce National Vulnerability Disclosure Program (NVDP)

Bangladesh Cyber Security Intelligence (BCSI) officially launch the National Vulnerability Disclosure Program (NVDP) to enhance …

Leave a Reply

Your email address will not be published. Required fields are marked *