BRAC Bank
Willful loan defaulters are enemies of nation and economy
Willful loan defaulters are enemies of nation and economy
The banking sector in Bangladesh is in trouble. Renowned economist Dr. Ahsan H. Mansur recently spoke at a seminar organized by the Economic Reporters Forum (ERF) on the topic "Problems in the Banking Sector and Solutions to Overcome Them." He pointed out that the figures for non-performing loans (NPLs) reported by the Bangladesh Bank do not reflect the true picture. According to Bangladesh Bank's statistics, as of June, the amount of NPLs in the banking sector stands at approximately 1.83 trillion BDT. However, this figure does not include written-off loans, restructured loans, or loans involved in legal disputes.
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