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    Repayment failure not to cause loan default till June

    Staff Correspondent | Updated at 10:21pm on March 19, 2020

    No bank loan could be downgraded to defaulted one until June 30 this year on grounds of the borrowers’ failure in repaying instalments. The BB...

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    The curse of default loans

    Mosharaf Hossain | Updated at 12:00am on March 15, 2020

    THE banking sector is undergoing a number of challenges — lowering lending rate to a single digit, bringing down advance-deposit ratio, tackling corruption, ensuring good...

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    Defaulted industrial loans surge by 24.75pc in one year till Sept

    Staff Correspondent | Updated at 10:07pm on January 29, 2020

    The amount of defaulted loans in the industrial sector increased by 24.75 per cent or Tk 10,795.29 crore as of September 30 last year as most...

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    Loans in default continue to dog Bangladesh banking sector

    | Updated at 12:00am on January 24, 2020

    ABOUT Tk 969.86 billion in loans in default being in the hands of 8,238 companies until November 2019, as the finance minister told the parliament...

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    FID for giving facility to writ petitioners, loan swindlers 

    Shakhawat Hossain | Updated at 12:00am on January 16, 2020

    The Financial Institutions Division of the Finance Ministry has decided to request Bangladesh Bank to extend the loan rescheduling opportunities at two per cent down...

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    Challenges galore for govt in 2020

    Shakhawat Hossain    | Updated at 12:32am on January 01, 2020

    Recovering bad loans, repatriation of Rohingyas, full implementation of the new road law, automation of the VAT collection system, employment for educated youths and lifting...

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    Tk 100cr more NBFI loans become defaulted in Q2

    Staff Correspondent | Updated at 12:00am on November 14, 2019

    The amount of defaulted loans in the non-bank financial institutions increased further by Tk 100 crore to Tk 7,320 crore in the second quarter (April-June) of 2019...

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    BB to evaluate ABB proposal for speedy bad loan write-off, experts oppose

    HM Murtuza | Updated at 12:23am on November 08, 2019

    The Bangladesh Bank said Thursday that it would evaluate the proposal of the Association of Bankers Bangladesh to allow them to write-off loans immediately after...

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    Sonali receives 1,000 pleas for rescheduling Tk 3,317cr

    HM Murtuza | Updated at 12:00am on October 06, 2019

    State-owned Sonali Bank has received almost 1,000 applications for rescheduling defaulted loans worth Tk 3,317 crore under a government-announced special rescheduling facility on easy terms. The...

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    Wilful loan defaulters are criminals: Tarique Afzal

    HM Murtuza | Updated at 12:00am on September 28, 2019

    Wilful loan defaulters should be called criminals, whoever the persons are, as non-payment of depositors’ money cannot be acceptable in any means, said AB Bank...

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