Defaulted loans
Generous exit policy offered to borrowers
Bangladesh Bank yesterday unveiled the latest iteration of its exit policy that offers borrowers the option to close off their loan account within three years by paying only 10 percent as down payment and no interest.
Defaulted loans soar 20.7pc in 2023
The banking sector’s defaulted loans soared 20.7 percent to Tk 145,633 crore in 2023 as both governance and accountability continue to get looser.
When will Janata Bank’s troubles end?
The state-owned bank's failure to meet any of the performance targets set by the central bank raises a red flag.
Janata Bank comes short of BB’s targets
Janata Bank has failed to meet any of its performance improvement targets set by the central bank in the first half of the year -- a worrying development given that the state bank accounts for the second-highest volume of deposits and loans among the 61 scheduled lenders in Bangladesh.
What’s really causing our non-performing loans to skyrocket?
It is alleged that a group of politically-connected people took out large loans from state-owned commercial banks (SOCBs) and intentionally defaulted on them.
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.
From an incorrigible New Year enthusiast
Let’s think of some out-of-the-box ways to tackle even the most formidable of problems.
Bad loans soar
Defaulted loans soared to Tk 110,874 crore as of March this year, the highest ever in the country.
Generous exit policy offered to borrowers
Bangladesh Bank yesterday unveiled the latest iteration of its exit policy that offers borrowers the option to close off their loan account within three years by paying only 10 percent as down payment and no interest.
Defaulted loans soar 20.7pc in 2023
The banking sector’s defaulted loans soared 20.7 percent to Tk 145,633 crore in 2023 as both governance and accountability continue to get looser.
When will Janata Bank’s troubles end?
The state-owned bank's failure to meet any of the performance targets set by the central bank raises a red flag.
Janata Bank comes short of BB’s targets
Janata Bank has failed to meet any of its performance improvement targets set by the central bank in the first half of the year -- a worrying development given that the state bank accounts for the second-highest volume of deposits and loans among the 61 scheduled lenders in Bangladesh.
What’s really causing our non-performing loans to skyrocket?
It is alleged that a group of politically-connected people took out large loans from state-owned commercial banks (SOCBs) and intentionally defaulted on them.
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.
From an incorrigible New Year enthusiast
Let’s think of some out-of-the-box ways to tackle even the most formidable of problems.
Bad loans soar
Defaulted loans soared to Tk 110,874 crore as of March this year, the highest ever in the country.