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A total of 12 NBFIs in Bangladesh are running without an MD or CEO and a majority of them have had their top post vacant for more than three months in a clear breach of laws.
Government inaction about money laundering: Investigators sitting on information about Dubai real estate purchase despite HC order
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
The government has announced a number of facilities and waivers for big borrowers to pay off their debts in the past few years, but loans defaulted on in the banks have kept rising, with nearly Tk 91.4 billion added in the first quarter of 2022-23.
The overall default loans stood at Tk 113,441 crore as of March this year, up 19.30 per cent year-on-year and 9.84 per cent up from the three months ago period.