Tk 1.6 lakh crore default loans stuck in cases
Court stay orders has shielded 1,086 borrowers from being classified as defaulters, forcing banks to show Tk聽1.63 lakh crore in unpaid loans as regular, according to a Bangladesh Bank report...
Tags : default loans
Uncovering, recovering default loans should go together
This is welcome that the central bank has adopted international loan classification standards and changed classification policies to get the actual picture of default loans. But a lack of measures to recover defaulted loans is worrying. The central bank has reduced the timeframe to classify loans as defaulted from the previous 270 days to 180 days. Since the adoption...
Default loans hit record Tk 3.45 lakh crore
The volume of non-performing loans in the country鈥檚 banking sector has skyrocketed by Tk聽2 lakh crore in just one year, reaching a staggering Tk聽3.45 lakh crore at the end of December 2024...
BB to support revival of sick, defaulted cos
The Bangladesh Bank has decided to provide various policy supports to sick business firms which are under the burden of huge default loans, to revive such business again...
Default loans surge to historic high
The banking sector witnessed a staggering increase of a record Tk 36,662 crore in non-performing loans in just three months ending in March, due mainly to a...