Home Banking Ten banks account for 72% of total bad loans

Ten banks account for 72% of total bad loans

by fstcap

Ten banks accounted for more than 72% of the banking sector’s total non-performing loans, showing that the country’s 61 commercial lenders are not equally responsible for the sector’s financial distress.

As of June this year, bad loans in the banking sector stood at a whopping BDT 6,065bn, according to the latest data from the Bangladesh Bank (BB). Of this, the 10 distressed lenders held BDT 4,395bn in NPLs.

https://www.thedailystar.net/business/economy/news/ten-banks-account-72-total-bad-loans-4269046

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