We are told that taka is available, and then it’s not there anymore.
The core problems of our economy are rooted in the very nature of the country’s governance, which has long been neglected.
While the government is distracted by elections, the financial economy will suffer
Why is the amount of default loans increasing day by day?
The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.
Around 70 per cent of default loans in the banking sector is concentrated in nine sectors of the economy as many borrowers are finding it difficult to pay instalments for the dragging economic slowdown while willful defaulters are also a major factor.
A parliamentary body today recommended strict actions to recover default loans from persons and organisations.
Finance Minister AHM Mustafa Kamal has asserted that default loans at all banks did not increase in the last six months.
Two things come easy in Bangladesh -- getting big bank loans and blissfully failing to repay. The money in the vaults seems to be the easiest prey today.
We are told that taka is available, and then it’s not there anymore.
The core problems of our economy are rooted in the very nature of the country’s governance, which has long been neglected.
While the government is distracted by elections, the financial economy will suffer
Why is the amount of default loans increasing day by day?
The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.
Around 70 per cent of default loans in the banking sector is concentrated in nine sectors of the economy as many borrowers are finding it difficult to pay instalments for the dragging economic slowdown while willful defaulters are also a major factor.
A parliamentary body today recommended strict actions to recover default loans from persons and organisations.
Finance Minister AHM Mustafa Kamal has asserted that default loans at all banks did not increase in the last six months.
Two things come easy in Bangladesh -- getting big bank loans and blissfully failing to repay. The money in the vaults seems to be the easiest prey today.