Banks urged to cut bad loans
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...
Tags : bad loan
NPL recovery rises slowly amid surge in bad loans
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...
Tk 41,129cr bad loans written off by 10 banks
The top 10 banks in Bangladesh have collectively written off Tk 41,129 crore in bad loans by the end of December 2024, accounting for nearly half of the total written-off loans in the banking sector, according to Bangladesh Bank data.
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...
Bad loans and failed governance
DATA recently published by the Bangladesh Bank demonstrate that our banking sector has a nagging problem of non-performing loans, which have reached a record high. According to the recent central bank data published on June 6, in the first quarter of 2024, the amount of non-performing loans was more than Tk 182,000 crore...
Bad loans surge 65pc in 2 years
Defaulted loans of the state-owned entities increased by around 65 per cent in the past two years amid a lack of initiative to realise those, finance ministry officials...
Surge in state-owned bank bad loans warrants special attention
A SURGE in non-performing loans in state-run banks, already plagued by non-performing loans of about 25 per cent of the total outstanding loans, shows the failure of the authorities to go tough on loan defaulters. This also shows the futility of concessions that the authorities have earlier given to loan defaulters...
Govt must hold off oligarchy to stop decline in banking sector
WHEN the banking sector is mired in a horde of problems 鈥� the absence of democratic governance that has encouraged corruption and irregularities, a soaring amount of bad loans that has weakened the economy and an absence of political will that has stopped a way out of the trouble...
BB now focuses on mediation for bad loan recovery
The Bangladesh Bank on Sunday instructed banks to give more emphasis on mediation for recovering defaulted loans amid the existing other policies鈥� ineffectiveness in addressing the issue of bad loans...