default loan

Social Islami Bank hid Tk 7,924 crore in bad loans

SIBL, in which Chattogram-based S Alam Group holds a majority stake, hid Tk 7,924 crore of its defaulted loans, according to an inspection by the central bank.

Eight state firms had Tk 183cr default loans until Feb

Eight state-owned enterprises (SOEs) of Bangladesh had a combined default loan of Tk 183.62 crore in February, official figures showed.

Loans to become overdue 3 months after repayment date

The BB said this will come into effect from September 30 this year.

What the economy may look like in 2024

The verdict so far is that the year will see slow GDP growth but also experience lower inflation.

What lies ahead for Bangladesh’s economy?

To overcome the economic crisis, no doubt, the country needs strong economic leadership, backed by strong political will.

Bancassurance can change how we do insurance

The system of selling insurance services to bank customers will ultimately expand financial inclusion.

Default by top three borrowers to to hit banks

Resilience in the banking sector will be affected significantly if the top three borrowers default on their loans, as per the financial stability assessment report of the Bangladesh Bank.

National Bank director defaults on AB Bank loan

Rick Haque Sikder, a director of National Bank Ltd (NBL) and chairman of R&R Aviation Ltd, has defaulted on repayments of a loan with AB Bank Ltd, which might cost him the directorship if dues are not cleared in two months.   

25 banks keep NPLs below 5%

With the high rate of non-performing loans (NPLs) being a major challenge for the banking sector, just 25 of the 61 commercial banks in Bangladesh are managing to keep their NPL rates below 5 percent.

August 13, 2024
August 13, 2024

Social Islami Bank hid Tk 7,924 crore in bad loans

SIBL, in which Chattogram-based S Alam Group holds a majority stake, hid Tk 7,924 crore of its defaulted loans, according to an inspection by the central bank.

June 16, 2024
June 16, 2024

Eight state firms had Tk 183cr default loans until Feb

Eight state-owned enterprises (SOEs) of Bangladesh had a combined default loan of Tk 183.62 crore in February, official figures showed.

April 9, 2024
April 9, 2024

Loans to become overdue 3 months after repayment date

The BB said this will come into effect from September 30 this year.

January 9, 2024
January 9, 2024

What the economy may look like in 2024

The verdict so far is that the year will see slow GDP growth but also experience lower inflation.

January 8, 2024
January 8, 2024

What lies ahead for Bangladesh’s economy?

To overcome the economic crisis, no doubt, the country needs strong economic leadership, backed by strong political will.

January 2, 2024
January 2, 2024

Bancassurance can change how we do insurance

The system of selling insurance services to bank customers will ultimately expand financial inclusion.

November 2, 2023
November 2, 2023

Default by top three borrowers to to hit banks

Resilience in the banking sector will be affected significantly if the top three borrowers default on their loans, as per the financial stability assessment report of the Bangladesh Bank.

October 26, 2023
October 26, 2023

National Bank director defaults on AB Bank loan

Rick Haque Sikder, a director of National Bank Ltd (NBL) and chairman of R&R Aviation Ltd, has defaulted on repayments of a loan with AB Bank Ltd, which might cost him the directorship if dues are not cleared in two months.   

October 11, 2023
October 11, 2023

25 banks keep NPLs below 5%

With the high rate of non-performing loans (NPLs) being a major challenge for the banking sector, just 25 of the 61 commercial banks in Bangladesh are managing to keep their NPL rates below 5 percent.

October 2, 2023
October 2, 2023

Default loans hit an all-time high

Non-performing loans (NPLs) in Bangladesh’s banking sector hit a new record in June as withdrawal of a relaxed central bank policy, slowdown in business sales and deliberate non-payments pushed up the volume of bad loans to Tk 1,56,039 crore, central bank data showed.

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