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NPL much higher than reported

The amount of non-performing loans (NPLs) is likely to be much higher than that reported as the process does not fully take into account effects of scams and losses incurred by merchant banks due to the bursting of the stock price bubble, said a top economist at the unveiling of a book yesterday. 

Loan disbursement for women entrepreneurs still very low

Although the growing number of women entrepreneurs in Bangladesh have mostly kept good payment records over the past decade, their share of the total loans disbursed by banks and other financial institutions still remains low, according to experts.

Monthly export receipts go past $5b for first time

Bangladesh’s earnings from merchandise shipment crossed the $5-billion mark for the first time in November, a major boost for the country reeling from the foreign exchange crisis, official figures showed yesterday.

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