Shady loans in Bangladeshi banks
Tk 45,000cr stuck in shady loans
Directors of eight private banks borrowed heavily from each other’s banks in reciprocal lending practices fraught with serious risks. Some banks went one step further and lent thousands of crores to relatives of these banks’ chairmen or directors.
August 17, 2024
Tk 45,000cr stuck in shady loans
Directors of eight private banks borrowed heavily from each other’s banks in reciprocal lending practices fraught with serious risks. Some banks went one step further and lent thousands of crores to relatives of these banks’ chairmen or directors.
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