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Bad loans up by Tk1,551cr in three months

  • Published at 11:56 pm August 22nd, 2019
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Representational photo Dhaka Tribune

As of June, total bad loans accounted for 11.69% of the total disbursed loans

Non-performing loans (NPLs) of banks rose by a staggering Tk1,551 crore in three months till June this year, taking the amount of stress loan in the banking sector to Tk112,425 crore. 

As of June, the total bad loans accounted for 11.69% of the total disbursed loans, according to the latest Bangladesh Bank (BB) data released on Thursday. 

At the end of March 2019, the total non-performing loans in the banking system was at Tk110,874 crore, or 11.87% of the total disbursed loans.