Distressed assets in the banking sector have reached a whooping Tk 6,75,030 crore, an amount bigger than the cost of building 22 bridges across the Padma or 13.5 metro rail systems in Dhaka, according to a White Paper released yesterday.
Traditional contractionary policies may not be suitable for Bangladesh’s unique economic structure.
As most of our economic sectors depend heavily on banks, it has created many problems for the banking sector and its depositors.
