default loans

BB to bring default loans to below 8% by June 2026

Action plan has already been taken, the central bank says

Falling reserve, rising bad loans worrying

The falling foreign exchange reserves and the ever-rising defaulted loans are very concerning for the economy, and the government should respond fast to avoid a looming crisis, eminent economist Prof Rehman Sobhan said yesterday. 

Big rise in 10 banks’ bad loans

The defaulted loans in 10 banks, including four state-run lenders, increased at an alarming rate in fiscal 2022-23, indicating their worsening financial health.

Default loans reach record Tk 1.56 lakh crore

The bad loans rose by Tk 24,419 crore in the last three months to June

Climate funds perpetually stuck in a scam-ridden bank

How long till Farmers Bank pays back what’s due?

Tk 10,964cr loans turn sour in 3 months

Banks in Bangladesh witnessed an accumulation of default loans by Tk 10,964 crore in the first three months of 2023, highlighting the worsening financial health of the banking sector, official figures showed.

Draft RPA (amendment) 2023 / Setting rules of the game without parties’ consent may prove unwise

It is quite intriguing how the RPA amendment can be so accommodating to defaulters who are desperate to gain political power.

What makes Bangladesh the 'champion' of default loans?

The news of Bangladesh occupying the second-highest position in South Asia in terms of a bad loan ratio is no surprise.

Money or no money, crisis persists

We are told that taka is available, and then it’s not there anymore.

January 1, 2023
January 1, 2023

2023 will be the year of inflation and financial turpitude

While the government is distracted by elections, the financial economy will suffer

November 21, 2022
November 21, 2022

Reforms in the financial sector necessary to get rid of default loans

Why is the amount of default loans increasing day by day?

November 17, 2022
November 17, 2022

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.

October 19, 2022
October 19, 2022

9 sectors hold 70pc bad loans

Around 70 per cent of default loans in the banking sector is concentrated in nine sectors of the economy as many borrowers are finding it difficult to pay instalments for the dragging economic slowdown while willful defaulters are also a major factor.  

October 14, 2020
October 14, 2020

Parliamentary body recommends strict actions to recover default loans

A parliamentary body today recommended strict actions to recover default loans from persons and organisations.

August 25, 2019
August 25, 2019

Default loans didn’t go up: Finance minister

Finance Minister AHM Mustafa Kamal has asserted that default loans at all banks did not increase in the last six months.

November 29, 2018
November 29, 2018

Who is BB fooling?

Two things come easy in Bangladesh -- getting big bank loans and blissfully failing to repay. The money in the vaults seems to be the easiest prey today.

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