The Financial Institutions Division in a meeting decided to ask the attorney general office, the ministry of home and the ministry of law to extend more cooperation to expedite the recovery of the defaulted loans...
THIS is unfortunate that the Bangladesh Bank needs to show Tk 1,631.5 billion that is, in fact, defaulted loans, as of June, as regular loans and classify 1,086 borrowers, averagely owing Tk 1.5 billion, from being defaulters because of court orders. A central bank report says that such a high number of borrowers have filed writ petitions with the court to secure protection...
Banks rescheduled Tk 7,909 crore in defaulted loans during the January鈥揗arch period of 2025 as Bangladesh Bank continued the previous government鈥檚 lenient rescheduling policy...
Ten commercial banks collectively had over Tk 3 lakh crore in defaulted loans as of March 2025, accounting for nearly 71.4 per cent of the total Tk 4.2 lakh crore non-performing loans in the country鈥檚 banking sector...
The amount of non-performing loans in the country鈥檚 banking sector has soared by Tk聽74,570 crore in just three months to reach Tk 4.20 lakh crore at the end of March 2025, according to the Bangladesh Bank.
The amount of the defaulted loans of 10 influential business groups 鈥� with close ties to the fallen Awami League-led government and currently under joint investigation 鈥� has so far climbed to Tk 51,663 crore, out of a total loan of Tk 3.56 lakh crore, according to...
Banks rescheduled Tk 35,850 crore in defaulted loans during October-December period of 2024, with over 98 per cent of the rescheduling done by private banks...
Ten commercial banks in Bangladesh collectively had Tk聽2.57 lakh crore in defaulted loans as of December 2024, accounting for nearly 75 per cent of the total non-performing loans in the country鈥檚 banking sector.
Bangladesh Bank governor Ahsan H Mansur on Thursday agreed to allow the rescheduling of defaulted loans taken by the Bashundhara Group, one of the country鈥檚 industrial conglomerates.
Banks rescheduled Tk 7,355 crore in defaulted loans during July-September period of 2024, with 99 per cent of the rescheduling done by private banks as the Bangladesh Bank chose to retain the previous government鈥檚 lenient rescheduling policy...
Labour adviser M Sakhawat Hussain on Thursday said that the reopening of the closed factories of Beximco Group is no longer possible, as the factories have a massive default loans...
THE failure of the authorities to take measures to discipline and facilitate the ailing non-bank financial institution sector, crippled by an abnormally high defaulted loans, is unacceptable. More than 70 per cent of non-bank financial institutions are about to collapse. The Bangladesh Bank says that 21 of the 35 institutions have more than 50 per cent...
The top 10 defaulters accounted for Tk聽6,600 crore in classified loans, nearly 31 per cent of the Agrani Bank鈥檚 total defaulted loans as of June, according to bank data.
Defaulted loans of the state-owned entities increased by around 65 per cent in the past two years amid a lack of initiative to realise those, finance ministry officials...
The Bangladesh Bank on Sunday instructed banks to give more emphasis on mediation for recovering defaulted loans amid the existing other policies鈥� ineffectiveness in addressing the issue of bad loans...