loan defaulters

October 20, 2022
October 20, 2022

Rescheduled loans too turning bad

The Bangladesh Bank’s policy that allows defaulters longer repayment tenures and easy terms and access to fresh funds has appeared to have failed to make major inroad in bringing down bad debts as rescheduled loans are even turning sour. 

June 22, 2022
June 22, 2022

Tk 1,26,369 crore loans defaulted as of March this year: Finance Minister

Finance Minister AHM Mustafa Kamal today told the parliament that as of March this year, the amount of defaulted loans in the country was Tk 126,369 crore.

November 3, 2019
November 3, 2019

BB asked to form committee to find out loopholes in lending, loans recovery

The High Court (HC) has ordered Bangladesh Bank to form a nine-member committee with experts of the banking sector to find out loopholes in lending and recovery of loans.

August 28, 2019
August 28, 2019

11 Large Borrowers: BB paves way for fresh rescheduling

In a reversal of its stance, Bangladesh Bank yesterday paved the way for 11 large business groups to reschedule their loans even though they restructured their loans four years ago on condition of regular repayments.

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 19, 2019
May 19, 2019

Defaulters have the last laugh

Insanity is doing the same thing over and over again and expecting different results, the influen-tial physicist Albert Einstein once said. And this quote comes to mind when one glances through the Bangladesh Bank’s latest policy for defaulters. Issued on May 16, the notice is an extended

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

March 1, 2019
March 1, 2019

Loan Defaulters: Top 20 named in parliament

As of December last year, there were 2,66,118 loan defaulters in the country, Finance Minister AHM Mustafa Kamal informed parliament yesterday.

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 8, 2018
April 8, 2018

Borrow money, never pay back

It was a time when politics played havoc with the economy.