bank loan defaulters

Good punished, bad rewarded

Borrowing large amounts from banks, some people set up industries in the country with a portion and launder the rest to other countries, the High Court observed yesterday, adding that those people consider the countries to be their second home.

October 5, 2019
October 5, 2019

Outrageous offer for a defaulter

Anyone would balk at the idea of granting yet another rescheduling facility to a defaulter who has outstanding loans of Tk 1,168 crore since 1993 and has not shown any genuine interest or effort in paying back its loans. But the Rupali Bank board didn’t.

June 25, 2019
June 25, 2019

Good punished, bad rewarded

Borrowing large amounts from banks, some people set up industries in the country with a portion and launder the rest to other countries, the High Court observed yesterday, adding that those people consider the countries to be their second home.

May 17, 2019
May 17, 2019

Loan Defaulters: BB extends fresh rescheduling facility

In a baffling move, the central bank yesterday extended a set of unprecedented facilities to defaulters with the view to giving them a fresh lifeline -- stoking fears of further deterioration of the banking sector’s financial health. As per the new policy, defaulters will be allowed to reschedule their classified loans

March 27, 2019
March 27, 2019

Saving our ailing banking sector

Bangladesh's banking sector faces a number of major challenges including rising nonperforming loans, credit concentrations, poor

December 21, 2018
December 21, 2018

Farmers Bank: Dramatic rise in loan default

With Farmers Bank, no-one knows when the woos will end. And as days go by, more and more depressing statistics are coming out.

August 29, 2018
August 29, 2018

Outstanding Loans in Banking Sector: Big chunk held by bank owners

In Bangladesh, industrialists and businesspeople become shareholders and directors of banks, and borrow money from each other's banks. And not only that, up to four members of a family can now be in the board of directors of a bank, up from two previously, after the relevant rules were amended last year following Finance Minister AMA Muhith's recommendation.

June 11, 2018
June 11, 2018

Muhith keeps mum on banking sector

Nothing budges Finance Minister AMA Muhith after yesterday’s spree of attacks as he kept from commenting over the banking sector at parliament today.

April 12, 2018
April 12, 2018

Govt may unmask loan defaulters thru' media

The government will consider unmasking bank loan defaulters through the media, said Finance Minister AMA Muhith yesterday in

April 11, 2018
April 11, 2018

Govt to consider publishing loan defaulters' names

Finance Minister AMA Muhith in parliament says the government will consider in future to publish the names, addresses and identities of the bank loan defaulters periodically.