Tag Archives: loan defaulter

Banks stressed assets not published in Bangladesh

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1 crore (cr) = 10 million – BDT 96.91 = 1 EUR The central bank of Bangladesh, the Bangladesh Bank (BB) skipped publishing the figure of stressed assets in it’s annual financial stability report first time with a view to painting a rosy picture of the banking sector at a time when lenders are facing […]

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Default loan outpace recovery rate in Bangladesh

one crore =10 million one EUR = BDT 94.53 The pace of recovery of banks’ non-performing loans (NPL) was much lower than the rate at which their NPL increased last year, according to the statistics of the central bank of Bangladesh, the Bangladesh Bank (BB). In 2018, banks recovered BDT 13,392 crore of NPLs, up […]

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Top 20 loan defaulters in Bangladesh named

one crore =10 million one EUR = BDT 94.53 The honourable Finance Minister of Bangladesh Mr. AHM Mustafa Kamal informed the parliament today that there were 266,118 loan defaulters in the country as of December 2018. A High Court order, however, prevented names of some defaulters from being published, noted the finance minister. The top […]

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Another $25m IFC loan to a Bangladeshi company PRAN

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International Finance Corporation (IFC), the private sector development arm of the World Bank Group, has provided yet another $25 million loan […]

Korean Export Processing Zone at serious risk

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Instead of handing over the Korean Export Processing Zone (KEPZ) to the investor, the government of Bangladesh plans to take back […]

Dhaka needs to remove its rocky anti-FDI atmosphere

Korean Ambassador to Bangladesh Lee Yun-young

Korean Ambassador to Bangladesh Mr. Lee Yun-young has said Bangladesh should come out from protectionism and open up its market […]

‘Welfare Associations’ to negotiate for rights at Bangladesh EPZ

The Government of Bangladesh today approved, in principle, draft of a labour law for Export Processing Zones (EPZ) with the provision […]

Return of GSP seems far off – a lot more must be done

Bangladesh’s progress in implementation of the National Tripartite Plan of Action on Fire Safety and Structural Integrity (the Action Plan) which provides a […]

Bangladesh halts shutdown of “unsafe” factories

The Bangladeshi government is refusing to shut down garment factories declared unsafe, following a row with independent inspectors over the […]