loan default in Bangladesh
Loan default now part of business model
Defaulting on loans is progressively becoming part of the business model to stay competitive, said Rehman Sobhan, chairman of the Centre for Policy Dialogue.
There is no alternative to tightening financial regulation
BFIU must be empowered to do more to prevent money laundering
Will easy-money scams continue to haunt us?
Online vigilance a must to protect citizens plagued by poverty and desperation
Five banks held nearly half of defaulted loans in June last year
Top five banks saw their defaulted loans rise 30% year-on-year to roughly Tk 75,000 crore in April-June of 2023
Time to be tough on scam-hit NBFIs
Authorities must improve monitoring to keep the sector in check
Economy hangs in the balance as Awami League hangs on to power
Despite decades of sustained GDP growth and improvements in social indicators, Bangladesh’s economy is now on a fragile footing.
Default by top three borrowers to to hit banks
Resilience in the banking sector will be affected significantly if the top three borrowers default on their loans, as per the financial stability assessment report of the Bangladesh Bank.
Another disastrous decision for the banking sector
So much for restoring good governance and holding bank ‘looters’ accountable
Don’t fall for quick fixes in bank sector
Relaxing loan repayment is unlikely to work if habitual defaulters continue to be tolerated
Overflow of non-performing loans
Time for govt to change its policy towards habitual defaulters
Can the banking sector be turned around?
Approval of draft Bank Company Act gives hope but enforcement is key