Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
Bangladesh Bank said they have three objectives: 1. To reduce total bank default loans, now slightly below 10 percent, to below 8 percent. 2. Reducing the default loan of government banks to 10 percent and the default loan of private banks to 5 percent, which are currently 22 percent and 7 percent respectively. 3. To […]
The former minister has four sons – Mujibur Rahman, Zahidul Islam, Qamarul Islam and Wahidul Islam. Mujibur Rahman is the managing director of Sanowra Dairy Foods Limited, a company owned by Nurul Islam, and three others are directors of the same company. Court bench assistant Rezaul Karim confirmed this to Prothom Alo in the evening.
The bank's top loan defaulter is Chattogram's Muhib Steel and Ship Recycling Industries, owned by Mujibur Rahman alias Milan. He has reportedly been hiding abroad for a long time. The total debt of the company is Tk 1.47 billion (Tk 147 crore). Khulna's Mimu Jute Mill, Mullik Aquaculture and Monmi Agro are in the bank's […]
RAKUB is collecting deposits at high interest, but lending at the rate set by the government. Despite the bank's interest rate being up to 13.55 percent, the bank's interest rate for agricultural and rural loans is 12.55 percent. That means RAKUB earns less from interest. People concerned said a change in RAKUB's operating model was […]
“Someone has to go to jail for an agricultural loan of 1000 taka, while a defaulter of an industrial loan of 100 billion taka sits next to the government. Now, the more powerful the person is, the bigger the defaulter he is and the higher will be his interest waiver.” He mentioned. Regarding the interest […]
At the meeting, the Financial Institutions Division presented updates on defaulted loans and other parameters in four state-run banks, liquidity crisis in the banking sector, risk management, recapitalization in banks, foreign exchange crisis and introduction of laws regarding the financial sector. , When asked about the issue, former Bangladesh Bank governor Salehuddin Ahmed said, “What […]
The comments come at a time when the banking sector is grappling with loan irregularities, willful defaults and huge defaults due to the regulator's lax policy. According to the central bank, the volume of defaulted loans at the end of December 2022 stood at Tk 1206.58 billion, which was 8.16 percent of the loans disbursed. […]
The central bank mentioned in the notification that if willful defaulters are identified and appropriate steps are taken against them, it will be possible to maintain credit discipline and enhance efficiency and capacity in the banking sector, as well as prevent defaults. It will also be possible to reduce the debts incurred. , It further […]
Professor Raunak Jahan gave the introductory speech. He said it also raises questions about whether politics is going to become a dominant party state system or a one-person system of governance, or whether any political party truly exists, or whether people from different professions can become political. Giving priority to dynasties. The ideology of all […]
Bangladesh Bank claimed that if loans outstanding for two years are waived off, the total defaulted loans will come down to Taka 430 billion, which is 2.76 percent of the total loans outstanding in the banking sector. The central bank aims to reduce total outstanding loans to 8 percent of all outstanding loans within 2026. […]
prothom hello , Even government policy makers admit that the economy is in trouble. But do you see any effective action plan to deal with the crisis? If not, what do you recommend? Salehuddin Ahmed: First of all, policy makers and government officials should pay proper attention to this issue. In many cases they ignore […]
