Default loan in Bangladesh
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.
Default loans surpass Tk 200,000cr for first time
Default loans in the banking system surpassed Tk 200,000 crore for the first time, underlining the fragile condition of the sector that fell prey to rampant scams and irregularities under the tenure of the Awami League government over the past 16 years.
Public institutions must perform better
Govt should overhaul ailing sectors, ensure accountability
Urgent bank reforms are crucial
Recover bad loans, punish those who exploited the sector
Time to bring back smuggled money
Those who were involved in stealing funds from the country must be held accountable.
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
Unearth real data of bad loans
At the end of December 2023, Bangladesh's banking sector had NPLs worth Tk 145,600 crore, around 9 percent of total outstanding loans, central bank data showed.
State banks' default loan surges
Default loans in the banking sector shot to a historic high at the end of June this year owing to rising non-performing loans (NPLs) at state-owned commercial banks, said Bangladesh Bank (BB) yesterday. The amount of NPLs at the state banks stood at Tk 74,450 crore, up 28.45 percent from
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Default loans rises nearly 17%
Habitual defaulters' reluctance to repay the funds fuelled the amount to reach Tk 120,656 crore
Weak banking sector, Achilles’ heel of economy
The International Monetary Fund has identified the problems in the banking system, including the high volume of defaulted loans, as one of the three domestic risks that derail the economy in the short- to medium-term.
2023 will be the year of inflation and financial turpitude
While the government is distracted by elections, the financial economy will suffer
The rise and fall of Islami Bank
There are rumours in the market that a highly politically powerful business group is going to take over the ownership of the bank from S Alam Group.
Loan defaulters are putting the banking sector at risk
Despite economic progress over time, Bangladesh’s financial sector continues to be dominated by banks that stand on shaky ground.
Will the government touch the ‘untouchables’?
The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.
BAD LOANS TWICE AS LARGE
The actual size of bad loans is more than double the officially recognised figure, according to a recent report of the International Monetary Fund -- a damning evidence of the fragile state of Bangladesh’s banking sector.