• Tuesday, Nov 30, 2021
  • Last Update : 10:56 pm

BB seeks list of top written-off loan defaulters

  • Published at 10:39 pm September 25th, 2016
  • Last updated at 10:39 pm September 25th, 2016
BB seeks list of top written-off loan defaulters
Bangladesh Bank has sought the list of top written-off loan defaulters as the sum have already crossed Tk10,000crore-mark during last one year, official sources said. The authorities of the central bank sent a letter to the managing directors of all scheduled banks on Sunday, asking them to send the list of top defaulters. The MDs have been asked to submit the list with the BB authorities within seven working days, says the letter. The letter also asked for the financial statements of top 20 written-off defaulters. The total default loan stood at Tk63,000 crore from Tk53,000 crore in one year, according to the latest available data of Bangladesh Bank. The total outstanding loan was Tk6,30,019 crore in June which was Tk5,98,648 crore in March, this year. The default loan of the state-owned banks rose slightly by over Tk2,700 crore in June quarter compared to previous quarter. The default loan rate of these banks stood at 25.74% from 24.27% in the same quarter. The total default loans of state-owned banks stood at Tk30,076 crore in June from Tk27,289 crore in March.  
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