Anontex has paid Tk 16.37 billion to Janata Bank as part of regularizing the default loan.
Apparel company, AnonTex has loan worth of Tk 65 bilion with Janata Bank of which Tk 35 billion defaulted, according to official source, a press release said.
Anon Tex has planned to repay Tk 870 million within August as part of regularize the default loan. Janata Bank will able to regular the defaulted loan after the repayment as installment and down payment.
Janata Bank managing director Abdus Salam Azad said the default loans of the state-run bank stood at Tk 135 billion of which 35 billion belongs AnonTex.
“When the AnonTex’s default loan worth of Tk 35 billion will regular, the default loan of Janata Bank will come down below Tk 100 billion,” Azad said.
AnonTex paid Tk 1.92 billion to Janata Bank in 2014, Tk 2.36 billion in 2015, Tk 2.96 billion in 2016, Tk 3.42 billion in 2017 and Tk 2.86 billion in 2018, official data shows. Despite widespread debate over the loan, the apparel conglomerate paid Tk 860 million in 2019.
AnonTex managing director Mohammad Younus said that every company of the group are in production despite the economic crisis by corona pandemic.
