This accounts for around 17 percent of total outstanding loans.
Despite repeated warnings, no effective measures have been taken to rectify the poor governance.
The central bank said in quarterly review on money and exchange rate
The default loan ratio in the banking sector of Bangladesh rose to 9 percent in 2023 from 8.16 percent a year ago
13 have NPL below 3%, much lower than the sectoral ratio of 8%
Relaxing loan repayment is unlikely to work if habitual defaulters continue to be tolerated
While a number of banks and non-bank financial institutions (NBFIs) are struggling to rein in their non-performing loans (NPL), DBH Finance PLC has continued to maintain the lowest NPL to loan ratio in the industry for years.
Time for govt to change its policy towards habitual defaulters
The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the second report of a series to present how various sectors fared in the face of the two unprecedented shocks.
This accounts for around 17 percent of total outstanding loans.
Despite repeated warnings, no effective measures have been taken to rectify the poor governance.
The central bank said in quarterly review on money and exchange rate
The default loan ratio in the banking sector of Bangladesh rose to 9 percent in 2023 from 8.16 percent a year ago
13 have NPL below 3%, much lower than the sectoral ratio of 8%
Relaxing loan repayment is unlikely to work if habitual defaulters continue to be tolerated
While a number of banks and non-bank financial institutions (NBFIs) are struggling to rein in their non-performing loans (NPL), DBH Finance PLC has continued to maintain the lowest NPL to loan ratio in the industry for years.
Time for govt to change its policy towards habitual defaulters
The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the second report of a series to present how various sectors fared in the face of the two unprecedented shocks.
The pace of recovery of banks' nonperforming loans (NPL) was much lower than the rate at which their NPL increased last year -- an ominous development for the sector.
