Bangladesh Bank on Tuesday allowed banks to extend special rescheduling, restructuring, and exit facilities to borrowers who defaulted due to circumstances beyond their control, aiming to revive viable enterprises, protect depositors, and reduce stress in the financial sector.
The government has issued a strong warning to factory owners who have failed to repay the interest-free loans provided to them for clearing workers鈥� arrears, said Labour and Employment adviser M Shakhawat Hossain...
BRAC Bank has launched the country鈥檚 first instant digital financing, Shafollo e-loan, for marginal small and medium enterprises...
Agriculture ministry secretary Mohammad Emdad Ullah Mian at a seminar at the Gazipur Agricultural University on Thursday said that the government would provide Tk 39,000 crore in agricultural loans in current fiscal year...
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...
Prime Bank PLC, a leading financial institution in Bangladesh, has disbursed open agri loans to farmers at Madhukhali upazila of Faridpur as part of its continuous efforts to accelerate the growth and development of Bangladesh鈥檚 agriculture sector...
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...
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...
Nearly 39 per cent of rescheduled loans have slipped back into default, exposing the ineffectiveness of repeated rescheduling as a tool for reducing non-performing loans...
The number of loss-making bank branches in Bangladesh has risen sharply, reaching 1,680 in March 2025 鈥� about 15 per cent of total branches 鈥� driven by soaring non-performing loans (NPLs) and unprecedented deposit withdrawals at some banks...
Banks disbursed Tk 37,326 crore in agricultural loans during the 2024-25 financial year, which was slightly lower than the total disbursement target for FY25, according to Bangladesh Bank data...
THE volume of non-performing loans has increased by Tk 745.7 billion in the January鈥揗arch quarter, taking the total to a record high of Tk 4,200 billion and the figure accounts for 24.13 per cent of the total outstanding loans, by far the highest in South Asia. Whilst this has happened, banks which have already identified more than 1,500 wilful defaulters, the borrowers...
The Money Loan Court on Monday ordered the attachment of Exim Bank鈥檚 Gulshan head office building in a case filed by Bank Asia over unpaid loans...
The top 10 defaulters, led by Jaj Bhuiyan Group and Bashundhara Group, accounted for Tk聽8,287 crore in classified loans 鈥� nearly 30 per cent of Agrani Bank鈥檚 total non-performing loans as of December 2024, according to official data...
The delayed rescheduling of bad loans for companies, defaulted due to circumstances beyond their control, has left many without capital, sending them on the brink of collapse...
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...
Bank Asia PLC has recently disbursed open loans among marginal customers in Chapainawabganj, said a press release...
The University of Liberal Arts Bangladesh has hosted a discussion on Alex Counts-written book titled Small Loans, Big Dreams at the ULAB in Dhaka recently...
A SIGNIFICANT number of borrowers with proven track records face financial distress as the strict, new loan classification rules and rescheduling policy have classified them as defaulters, limiting their access to capital. This is a cause for concern. More than a thousand borrowers, mostly in export-oriented sectors such as textiles, apparel and leather, keep struggling with...
Many businesses with proven track records in Bangladesh are now facing growing financial distress as a rapid surge in non-performing loans in the banking sector, coupled with stricter loan rescheduling policies, has deepened their woes...
Seventeen banks reported a staggering provision shortfall of Tk聽1,77,650 crore at the end of March 2025, with six of them facing such deficits for the first time, indicating a sharp deterioration in their financial health amid a mounting crisis of non-performing loans...
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...
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...
Economists, researchers and academics have emphasised curtailing non-performing loans to ensure good governance in the banking sector and make the country鈥檚 economy vibrant...
A DECLINE in the non-performing loans recovery ratio, which is concerning, suggests that the measures taken are not effective and stringent enough. The recovery ratio of non-performing loans dropped significantly in the final quarter of 2024, with the ratio standing at 3.44 per cent, down from 5.12 per cent in the corresponding 2023 quarter, as data of Bangladesh Bank...
The banks in Bangladesh have recovered Tk 9,791 crore in non-performing loans during the October鈥揇ecember quarter of 2024, posting a 23 per cent rise from Tk 7,960 crore in the same period of 2023...
Banks disbursed Tk 22,125 crore in agricultural loans during July-February period of the 2024-25 financial year, achieving 58 per cent of the total disbursement target for FY25, according to Bangladesh Bank data...
The Ministry of Religious Affairs is providing interest-free microloans and financial assistance to imams and muezzins across Bangladesh from Imam-Muezzin Welfare Trust...
Islami Bank Bangladesh PLC has issued a notice to auction the assets of Infinity CR Strips Industries Limited, a subsidiary of S Alam Group, to recover outstanding loans...
The High Court on Wednesday directed the Bangladesh Bank and other relevant authorities to take legal action against individuals and institutions responsible for approving Tk聽53,000 crore in questionable loans to Beximco Group...