Tag: default loans

Default loans jump 8.8pc in Q1

- Kazi Taznin Nahar -

The non-performing loans (NPLs) in the country’s banking sector rose by Tk 10,964 crore, 8.8 percent in three months to March 31, banking sources said. The amount of NPL at the end of March 2023 stood at Tk 131620 crore, which was Tk 1, 20,656 crore at the end of December

BB asks for actions by BASIC Bank to recover default loans

- Times Report -

Bangladesh Bank has asked troubled BASIC Bank to make an action plan for the recovery of default loans and the funds that went out through lending irregularities. Central bank spokesman Mezbaul Haque said on Wednesday that Governor Abdur Rouf Talukder sat with the chairman, the managing director and other top executives

Default loans jumps 7.29pc in Sept qtr

- Jahangir Alom Ansary -

The non-performing loans (NPLs) in the country’s banking sector rose by Tk 9,139 crore, 7.29 percent in three months to September 30 this year, banking sources said. The amount of NPL at the end of September 2022 stood at Tk 134,396 crore, which was Tk 125,257 at the end of

Default loans of NBFIs rise 54.29pc

- Jahangir Alom Ansary -

Default loans of Non-Bank Financial Institutions (NBFIs) rose 54.29 percent to Tk 15.936.42 crore in three months to June, 2022 compared to the same period last year, official sources said.   The total amount of default loans of NBFIs was 23 percent of the total loans disbursed, according to the latest

20 banks hold 75pc of default loans

- Jahangir Alom Ansary -

The default loans of the banking sector have increased by Tk 21,984 crore in just six months, with 75 percent of the amout held by only 20 banks, official sources said. The remaining 25 percent are held by 41 banks. At the end of June 2022, default loans in the banking