Bangladesh Bank has disclosed that nearly one in every five borrowers in the country鈥檚 financial sector has defaulted, which underscored the depth of the banking crisis and the erosion of credit discipline...
Finance adviser Salehuddin Ahmed on Wednesday said that loan defaulters would not be allowed to take part in the national election expected to be held next February...
Although banks have already identified more than 1,500 wilful loan defaulters, the Bangladesh Bank remains indecisive over taking disciplinary action against such defaulters, exacerbating the country鈥檚 non-performing loan crisis...
The Bangladesh Bank on Monday relaxed the exit policy for loan defaulters, lowering the minimum down payment requirement to encourage wider adoption of the policy...
The Bangladesh Association of Banks (BAB) on Wednesday urged the Bangladesh Bank to address regulatory loopholes, particularly the practice of borrowers filing writ petitions to avoid being classified as loan defaulters...
The Bangladesh Bank on Monday introduced an exit policy for loan defaulters after its various efforts to curb the rising tide of bad loans in the country鈥檚 banking sector...
Finance minister Abul Hassan Mahmood Ali on Monday told the Jatiya Sangsad that Bangladesh Bank is in the process of preparing the list of top loan defaulter persons and organisations...
Finance minister Abul Hassan Mahmood Ali on Sunday said that the next course of action should be launching crackdown on loan defaulters after the exchange rate problem was almost fixed...
The Bangladesh Bank on Wednesday asked the country鈥檚 non-bank financial institutions to form unit by April 30 for identifying wilful loan defaulters as per the central bank鈥檚 guidelines...
