SoBs default loan stands at Tk. 55095 cr

Economics Desk, Shahin Islam, Dhaka Office: SoBs default loan stands at Tk. 55095 cr, Finance Minister AMA Muhith on Thursday told Parliament that the quantity of defaulted loan of different kingdom-owned banks is a few Tk 55,0.5 crore in opposition to people and companies, reports UNB.

“As in step with the statistics of January, 2018, the quantity of the defaulted loan of various government banks is Tk fifty five,1/2.33 crore in the region of individuals and organisations,” he stated even as replying to a tabled starred question from Tariakat Federation MP, MA Awal (Laxmipur-1).
As part of enhancing recovery scenario of the defaulted mortgage within the banking area, diverse steps have been taken to discover defaulted clients and bring them underneath the purview of legal guidelines, said the Finance Minister.

He stated cases are being filed in opposition to defaulted clients to gather loans underneath the Ortho Rin Adalot Ain, 2003 (Money Loan Court Act, 2003).


Economics Desk,