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Nine banks incur net losses in Q1 | The Daily Star


The specialised development bank also incurred a net loss of Tk 533 crore last year.
This has given an indication that the net loss in the bank may increase to a large extent this year compared to the previous year.
An official of the lender said that it had been facing a large volume of default loans since 2012, when it gave out funds to the non-farm sector in a breach of banking norms.
The bank s loan recovery trend from the farm sector is good, but a large amount of fund has been stuck in the non-farm sector, which made it a loss-making lender, he added. ....

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10 banks faced capital shortfall of Tk 28,949cr in 2020


10 banks faced capital shortfall of Tk 28,949cr in 2020
Star Business Report
Star Business Report
Ten banks have faced a capital shortfall of Tk 28,949 crore last year because of their high ratio of defaulted loans.
The 10 banks are Agrani, Basic, Janata, Rupali, Sonali, Bangladesh Krishi, Rajshahi Krishi Unnayan, Bangladesh Commerce, ICB Islamic and Padma.
The banks had earlier suffered a wide range of financial scams that eroded their capital base substantially.
Among the lenders, Bangladesh Krishi Bank faced the highest amount of capital shortfall, which stood at Tk 10,819 crore at the end of last year, data from the central bank showed. ....

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