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Muhith: Four state-owned banks facing Tk7,626.23cr deficit

  • Published at 10:28 pm February 26th, 2018
Muhith: Four state-owned banks facing Tk7,626.23cr deficit
Sonali Bank, Rupali Bank, Janata Bank and Basic Bank are facing a capital deficit of Tk7,626.23 crore in total, Finance Minister AMA Muhith told the parliament on Monday. Among the 57 banks in Bangladesh, the four state-owned banks and three other private banks face the capital crisis as per the data collected on September 30, 2017, he said while responding to a tabled starred question from independent MP Md Abdul Matin. "The amount of capital deficit in the four state-owned banks is Tk7,626.23 crore and in three private banks its Tk1,791.20 crore. So, the total capital deficit in the (seven) banks is Tk941.43 crore," said the finance minister. The three private banks are Bangladesh Commerce Bank, Farmers Bank and ICB Bank. The capital deficit is Tk3,140.41 crore in Sonali Bank, Tk2,522.99 crore in Basic Bank, Tk1,272.93 crore in Janata Bank and Tk689.90 crore in Rupali Bank. Among the private banks, the capital deficit is Tk1,485.13 crore in ICB Bank, Tk231.31 crore in Bangladesh Commerce Bank and Tk74.76 crore in Farmers Bank.