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Tags : Default loan


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Uncovering, recovering default loans should go together

This is welcome that the central bank has adopted international loan classification standards and changed classification policies to get the actual picture of default loans. But a lack of measures to recover defaulted loans is worrying. The central bank has reduced the timeframe to classify loans as defaulted from the previous 270 days to 180 days. Since the adoption...

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Default loans hit record Tk 3.45 lakh crore

The volume of non-performing loans in the country鈥檚 banking sector has skyrocketed by Tk聽2 lakh crore in just one year, reaching a staggering Tk聽3.45 lakh crore at the end of December 2024...

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BANKING SECTOR: Legal complexities worsen default loan crisis

The legal framework for handling non-performing loans (NPLs) in Bangladesh has become dysfunctional, allowing wilful defaulters to exploit loopholes and delay repayment, according to a report by the task force on economic reforms...

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BB to support revival of sick, defaulted cos

The Bangladesh Bank has decided to provide various policy supports to sick business firms which are under the burden of huge default loans, to revive such business again...

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Karmasangsthan Bank鈥檚 default loan decreases

Karmasangsthan Bank鈥檚 NPL ratio has stood at 3.68 per cent and there is no provisioning deficit in 2024 when loan disbursement, loan recovery and profit earning increased from the previous year...

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Default loans surge to historic high

The banking sector witnessed a staggering increase of a record Tk 36,662 crore in non-performing loans in just three months ending in March, due mainly to a...

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