Nine banks in red zone: Bangladesh Bank

The financial condition of four commercial banks has become fragile. As a result, the banks had fallen into red zones. Besides, four private banks and one foreign bank are on the list.

The four state-owned banks are Basic Bank, Janata Bank, Agrani Bank and Rupali Bank. Besides, there are four private banks in this zone. These are Padma Bank, Bangladesh Commerce Bank, National Bank and AB Bank. Besides, the foreign National Bank of Pakistan is in the red zone.

Bangladesh Bank (BB) gave this information with a biennial report titled  "Banks Health Index and HEAT Map" prepared by the Financial Stability Department of the BB.