Bad loans

A third of NBFIs hold over 73% of bad loans

Twelve non-bank financial institutions (NBFIs) out of a total 35 are holding nearly 73.5 percent of the sector’s bad loans, according to Bangladesh Bank data, reflecting a precarious situation at those entities.

16 NBFIs face total provision shortfall of Tk 1,954cr

Sixteen non-bank financial institutions (NBFIs) faced a combined provision shortfall of Tk 1,954 crore till June this year, reflecting that their financial health had worsened.

Non-banks’ default loans hit record high

Non-bank financial institutions (NBFIs) in the past fiscal year saw their defaulted loans reach a record 33.15 percent of all disbursed loans, according to the central bank, indicating a fragile situation in the sector thanks to widespread loan irregularities and scams.

Politically-motivated lending causing bad loans to spiral: WB

The amount of bad loans has been spiralling in Bangladesh owing to rampant politically-motivated lending and inadequate credit risk management, according to a World Bank report.

State banks nowhere near target to retrieve funds from top defaulters

Four state-run banks in Bangladesh are finding it difficult to recoup loans from their top 20 defaulters, a failure that has worsened their financial health and squeezed their capacity further to lend.

Bad loans hit historic high

Default loans in the banking sector of Bangladesh hit an all-time high of Tk 182,295 crore, but no reform programme to reduce it has been announced in the budget for the upcoming fiscal year.

Default loans hit historic high of Tk 1,82,295 crore

Bad loans rose by Tk 36,367 crore in just three months

BB roadmap to knock down bad loans

The Bangladesh Bank yesterday unveiled its roadmap for reining in the runaway defaulted loans to a reasonable level and bringing in good governance to the banking sector, which is progressively becoming an Achilles heel of the economy.

Bangladesh 2nd in South Asia in bad loan ratio

Bangladesh’s banking sector has the second-highest ratio of non-performing loans (NPL) among the countries in South Asia as lenders continue to face multiple challenges emanating from scams, a lack of corporate governance and borrowers’ growing reluctance to make instalments regularly.  

November 6, 2024
November 6, 2024

A third of NBFIs hold over 73% of bad loans

Twelve non-bank financial institutions (NBFIs) out of a total 35 are holding nearly 73.5 percent of the sector’s bad loans, according to Bangladesh Bank data, reflecting a precarious situation at those entities.

October 14, 2024
October 14, 2024

16 NBFIs face total provision shortfall of Tk 1,954cr

Sixteen non-bank financial institutions (NBFIs) faced a combined provision shortfall of Tk 1,954 crore till June this year, reflecting that their financial health had worsened.

October 7, 2024
October 7, 2024

Non-banks’ default loans hit record high

Non-bank financial institutions (NBFIs) in the past fiscal year saw their defaulted loans reach a record 33.15 percent of all disbursed loans, according to the central bank, indicating a fragile situation in the sector thanks to widespread loan irregularities and scams.

July 30, 2024
July 30, 2024

Politically-motivated lending causing bad loans to spiral: WB

The amount of bad loans has been spiralling in Bangladesh owing to rampant politically-motivated lending and inadequate credit risk management, according to a World Bank report.

July 10, 2024
July 10, 2024

State banks nowhere near target to retrieve funds from top defaulters

Four state-run banks in Bangladesh are finding it difficult to recoup loans from their top 20 defaulters, a failure that has worsened their financial health and squeezed their capacity further to lend.

June 7, 2024
June 7, 2024

Bad loans hit historic high

Default loans in the banking sector of Bangladesh hit an all-time high of Tk 182,295 crore, but no reform programme to reduce it has been announced in the budget for the upcoming fiscal year.

June 6, 2024
June 6, 2024

Default loans hit historic high of Tk 1,82,295 crore

Bad loans rose by Tk 36,367 crore in just three months

February 5, 2024
February 5, 2024

BB roadmap to knock down bad loans

The Bangladesh Bank yesterday unveiled its roadmap for reining in the runaway defaulted loans to a reasonable level and bringing in good governance to the banking sector, which is progressively becoming an Achilles heel of the economy.

May 14, 2023
May 14, 2023

Bangladesh 2nd in South Asia in bad loan ratio

Bangladesh’s banking sector has the second-highest ratio of non-performing loans (NPL) among the countries in South Asia as lenders continue to face multiple challenges emanating from scams, a lack of corporate governance and borrowers’ growing reluctance to make instalments regularly.  

May 9, 2023
May 9, 2023

Bad loans pile up at state banks, eating away profits

Four state-run commercial banks registered 29 per cent year-on-year spike in bad loans in 2022 as the central bank’s relaxed classification rules introduced in the wake of the Covid-19 outbreak ended and their inefficient lending persisted.