Loans below Tk 1 crore may continue to be valued by the banks' internal management

At the end of June this year, 30 banks with agent banking outlets in suburban, rural areas provided Tk 40,870 crore in loans

In order to ensure increased participation of citizens in the private sector and cut dependence on bank loans, conditions may be imposed to compel firms to raise capital from public, said Prof Rashed Al Mahmud Titumir, the prime minister’s adviser to the ministries of finance and planning.

According to BB, outstanding bank loans to the government rose 24.45 percent in September

Four state-run commercial banks registered 29 per cent year-on-year spike in bad loans in 2022 as the central bank’s relaxed classification rules introduced in the wake of the Covid-19 outbreak ended and their inefficient lending persisted. 

Around 70 per cent of default loans in the banking sector is concentrated in nine sectors of the economy as many borrowers are finding it difficult to pay instalments for the dragging economic slowdown while willful defaulters are also a major factor.