Bangladesh now has the highest non-performing loan (NPL) ratio in Asia, with defaults surging to 20.2 percent of total loans in 2024, according to a new Asian Development Bank report.
The interim government has moved to expedite long-pending lawsuits filed by 10 institutions, including state-owned banks and a non-bank financial institution (NBFI), against loan defaulters, in a bid to speed up the recovery of defaulted loans
Govt must get all stakeholders on board to ensure full implementation
New data reveals how far the rot of bad loans reached under Awami regime
Bangladesh Bank Governor Ahsan H Mansur revealed the figures at a press conference today
As Bangladesh continues to develop, it is imperative to update existing financial safeguards to align with the economy’s growth trajectory.
There’s a connection between non-payment of debt at micro and macro level.
Distressed loans at banks totalled over Tk 4.75 lakh crore at the end of 2023 – a revelation that makes for a sobering read of the actual health of this vital sector of the economy.
The Bangladesh Bank yesterday further relaxed its loan write-off policy as part of its roadmap to “artificially” reduce the higher volume of bad loans in the banking sector.
Bangladesh now has the highest non-performing loan (NPL) ratio in Asia, with defaults surging to 20.2 percent of total loans in 2024, according to a new Asian Development Bank report.
The interim government has moved to expedite long-pending lawsuits filed by 10 institutions, including state-owned banks and a non-bank financial institution (NBFI), against loan defaulters, in a bid to speed up the recovery of defaulted loans
Govt must get all stakeholders on board to ensure full implementation
New data reveals how far the rot of bad loans reached under Awami regime
Bangladesh Bank Governor Ahsan H Mansur revealed the figures at a press conference today
As Bangladesh continues to develop, it is imperative to update existing financial safeguards to align with the economy’s growth trajectory.
There’s a connection between non-payment of debt at micro and macro level.
Distressed loans at banks totalled over Tk 4.75 lakh crore at the end of 2023 – a revelation that makes for a sobering read of the actual health of this vital sector of the economy.
The Bangladesh Bank yesterday further relaxed its loan write-off policy as part of its roadmap to “artificially” reduce the higher volume of bad loans in the banking sector.
Bad loans in six private banks increased by about 55 percent in the first nine months of the year, raising further alarms about the health of the banking sector.
