The defaulted loan in the industrial sector skyrocketed by 95.96 per cent in the first nine months of the current fiscal year compared with that in the same period of the FY 2011-12 when it decreased by 7.52 per cent, according to the latest Bangladesh Bank data. BB officials told New Age on Thursday that ... Read more
defaulted loan
Five banks incur losses, most others see profit plunge in Q1
Five banks incurred losses while most others recorded huge profit fall in the first quarter of this year compared with the same period of the previous year due to poor business environment and provisioning pressure against increasing defaulted loans. Among the 30 banks listed with Dhaka Stock Exchange,
Worried BB asks banks to curb defaulted loans
Mulls low-cost bank accounts for RMG workers The Bangladesh Bank on Thursday expressed concern over the increasing trend in classified loan in the banking sector and asked the scheduled banks to take steps to check the trend. At a meeting between high officials of the central bank and managing directors and chief executive officers of ... Read more
Banking sector reels as defaulted loan soars by Tk 8,294cr in Q1
The amount of defaulted loan in the banking sector increased by 19.41 per cent from Tk 42,725.51 crore as of December 31, 2012 to Tk 51,019.91 crore as of March 31, 2013, according to the latest Bangladesh Bank data released on Monday. The defaulted loan in the banking sector increased by Tk 8,294.40 crore in ... Read more
Janata Bank asked to move for defaulted loan recovery
The Bangladesh Bank on Monday expressed its dissatisfaction with the increasing trend in defaulted loans in state-owned Janata Bank and asked it to intensify measures for recovering the non-performing loans. Janata Bank was also been advised to keep the required