Accumulated bad loans of 56 banks in Bangladesh over Tk 546.57 billion

The total amount of default loans of 56 banks operating in Bangladesh is over Tk 546.57 billion.

Finance Minister AMA Muhith revealed the figure in reply to a query from MP Nurunnabi Chowdhury in Parliament on Saturday.
 
Muhith said the state-owned Agrani Bank, Janata Bank, Rupali Bank and Sonali Bank had accumulated bad loans of Tk 226.54 billion.
 
The amount of default loans in 39 private banks is over Tk 227.47 billion.
 

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Of them, Islami Bank has the highest amount of default loan at Tk 28.02 billion, which is around six percent of its total loan.

ICB Islamic Bank has the highest ratio of default loans with 77.49 percent of the total loan it disbursed turned out to be bad loans.  

State-owned BASIC Bank’s default loan is 56.67 percent of its total loan, Sonali Bank 28.66 percent and Bangladesh Commerce Bank 32.14 percent.

The nine foreign banks operating in Bangladesh have default loans of over Tk 18.39 billion.

The amount of default loans in three specialised banks – Bangladesh Development Bank, Bangladesh Krishi Bank and Rajshahi Unnayan Bank – is over Tk 74.17 billion.