Loan Defaulters in Bangladesh

August 16, 2022
August 16, 2022

Bangladesh’s sour-debt conundrum

Is the central bank enabling loan defaulters with its policies?

July 19, 2022
July 19, 2022

Whose side is Bangladesh Bank on?

Habitual loan defaulters, or the public?

January 28, 2020
January 28, 2020

Finance ministry defines ‘habitual defaulter’, proposes punitive actions

The term habitual defaulter is often thrown around casually, without any proper definition. But the government has now spelt out what habitual default is in a draft act, in what can be viewed as a commendable act by Finance Minister AHM Mustafa Kamal.

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 23, 2019
June 23, 2019

Defaulted Bank Loans: Less than 1pc hold more than half

Half of the defaulted bank loans amounting to Tk 50,942 crore is with top 300 borrowers, Finance Minister AHM Mustafa Kamal told parliament yesterday, blaming banks for not choosing borrowers wisely.

May 22, 2019
May 22, 2019

BB patronises big defaulters

The High Court yesterday observed that the country’s banking sector is no longer business-friendly, rather banks have become organisations of usurers.

May 21, 2019
May 21, 2019

HC halts privilege for loan defaulters

The High Court has halted the privilege of loan defaulters to secure further loans by giving a 2 per cent down payment until June 23.