Another year of missed opportunities against corruption
High-level pledges against corruption continued to be reiterated in 2022, as in the past several years.
Source: thedailystar.net
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Broadmark Realty Capital: Things Are Ugly But I'm A Buyer (NYSE:BRMK)
Broadmark has many issues including: high level of non-performing loans, management turnover, and most recently a dividend cut. See why I'm bullish on BRMK stock.
Source: seekingalpha.com
Destroying the economy to save the thieves
Bangladesh has long been suffering from a mounting defaulted loan crisis, due to which thousands of crores of taka have been embezzled, stolen or siphoned out of the country illegally. Non-performing loans (NPLs) has become burden on the our economy. Neither the Bangladesh Bank, nor the Anti-Corruption Commission (ACC) has been able to get their hands on the big loan
Source: thedailystar.net
Record high Tk 125,257cr defaulted loans in banking sector after end of June
Defaulted loans in the country’s banking sector hit an all-time of high of Tk 125,257 crore after end of June of this year.
Source: thedailystar.net
Loan defaulters get a big break
Bangladesh Bank yesterday substantially relaxed the policy for rescheduling defaulted loans, allowing defaulters to repay term loans over a maximum period of eight years whereas it was previously two years.
Source: thedailystar.net