TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
Rate last updated: 02/01/2014 11:15:04 AM
Banks’ NPLs likely to swell further in next quarters The volume of non-performing loans (NPLs) in the country’s banking sector might even grow bigger at the end of the current quarter (July-September), some senior bankers have expressed the fear. The bankers have a feeling that some borrowers would default on
Read MoreLoan defaults keep swelling Banks’ loan defaults continue to soar in 2016, rising 6.65% in the second quarter to BDT 633.7 billion. At the end of the first quarter, the total defaults stood at BDT 594.1 billion, according to central bank statistics. Defaults at the end of June were 10.1%
Read MorePolitical turmoil still blamed for rescheduling of bank loans Many business organisations have been pressing the central bank for rescheduling their default loans saying that their business still suffers from the spillover effects of political unrest in 2013 and 2014. Though the loan defaulters had earlier enjoyed a relaxed loan
Read MoreBanks in tight race as rates slide Lenders are locked in a stiff competition to bag clients with good track record, according to industry players. If a lender offers a borrower a loan at 9% interest rate, another bids to hook the client at 8.5%. Even then, the second lender
Read MoreBoP surplus swells The balance of payments surplus swelled by more than 15 percent last fiscal year to $5.04 billion thanks to lower import growth than export and an increase in foreign aid. However, Bangladesh Bank projects the surplus will be eroded by half this fiscal year, as the investment
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