Islami Bank struggles with loan recovery

Islami Bank’s Tk 8,279cr stuck with four lenders, one NBFI

Already struggling on providing a huge amount of loans to S Alam Group, Islami Bank Bangladesh is now in uncertainty over getting back Tk 8,279 crore it had provided as liquidity support to four banks and one non-bank financial institution (NBFI). 

September 6, 2024
September 6, 2024

Islami Bank’s Tk 8,279cr stuck with four lenders, one NBFI

Already struggling on providing a huge amount of loans to S Alam Group, Islami Bank Bangladesh is now in uncertainty over getting back Tk 8,279 crore it had provided as liquidity support to four banks and one non-bank financial institution (NBFI).