$

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

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Rate last updated: 02/01/2014 11:15:04 AM

Strong judiciary support a must to speed up recovery process of classified loans – ABB chief and MD & CEO of Dhaka Bank tells FE

Country’s banking sector has sought strong judiciary support to speed up recovery process of classified loans, saying that it would also help improving financial health and growth of the banks.

“We need a separate bench under the High Court to deal with only default loan issues,” Syed Mahbubur Rahman, chairman of the Association of Bankers, Bangladesh (ABB), told the FE in an exclusive interview recently.

The ABB chief also said the functions of Artha Rin Adalats (Money Loan Courts) should be strengthened across the country for settling the cases within the shortest possible time-frame….

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