In the banking sector of Bangladesh, exemptions from rules and regulations for powerful loan defaulters seem to be the default rules.

Janata Bank must answer for its poor handling of AnonTex’s loans

Is the government ever going to stop them?

Relaxing loan repayment is unlikely to work if habitual defaulters continue to be tolerated

Non-bank financial institutions in Bangladesh lost 48,637 deposit accounts in the three months to December as savers moved away from NBFIs owing to the imposition of the cap on the deposit rate and the erosion of confidence in the wake of allegations of irregularities at some banks. 

Moody’s, one of the big three global rating agencies, downgraded its outlook for Bangladesh’s banking sector from “stable” to “negative.”

Far from being a year in which our economy recovered, 2022 proved to be a year where we discovered numerous cracks in it.

As of September 2022, NPLs have soared over Tk 134,000 crores.

There are rumours in the market that a highly politically powerful business group is going to take over the ownership of the bank from S Alam Group.

Islami Bank, Social Islami Bank and First Security Islami Bank lent about Tk 9,500 crore under suspicious circumstances, as reported by different media. Of the sum, Tk 7,246 crore has been taken from Islami Bank alone.

Even though the amount of our default loans is over Tk 130,000 crore, according to the government accounts, IMF suggests it is almost over Tk 300,000 crore.

Despite economic progress over time, Bangladesh’s financial sector continues to be dominated by banks that stand on shaky ground.

The new governor of Bangladesh Bank (BB) has heralded robust messages to the country’s banking and financial industry.

A high risk of cyber-attacks looms large over 36 per cent of banks in Bangladesh mainly due to a shortage of investment in strengthening security measures, skilled personnel and a lack of awareness among bankers and customers.

The Supreme Court expresses concern at the present situation of the country's banking sector, and wants to know the financial state of International Leasing and Financial Services Limited (ILFSL), a non-banking financial institution.

The government is going to exceed its annual limit for bank borrowing within the first half of this fiscal year due to poor revenue collection, and this could give a credit crunch for the private sector to deal with.

The actual size of bad loans is more than double the officially recognised figure, according to a recent report of the International Monetary Fund -- a damning evidence of the fragile state of Bangladesh’s banking sector.

Finance Minister AHM Mustafa Kamal has suggested a number of reforms to bring back discipline in the banking sector.

Bangladesh's banking sector faces a number of major challenges including rising nonperforming loans, credit concentrations, poor

That the banking sector in this country is plagued by a culture of loan defaulting is not lost on anyone—as of last year, the total amount of defaulted loans stood at Tk 93,911 crore.