Default loans rises nearly 17%
Default loans in the banking sector increased 16.8 per cent year-on-year to Tk 120,656 crore last year as habitual defaulters showed reluctance to repay the funds.
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Default loans in the banking sector increased 16.8 per cent year-on-year to Tk 120,656 crore last year as habitual defaulters showed reluctance to repay the funds.
We are told that taka is available, and then it’s not there anymore.
While the government is distracted by elections, the financial economy will suffer
Unusual investment decisions made by the state-run Investment Corporation of Bangladesh (ICB) could inflict a loss of Tk 438 crore on taxpayers as the funds have either turned into default loans or remained largely unrealised, according to an audit report.
Why is the amount of default loans increasing day by day?