Dhaka, Oct. 7 -- The amount of non-performing loans in the banking sector has broken all records. According to the latest data, the amount of bad loans has exceeded Tk 667,000 crore or 33 percent of the total loans.
In the space of one year, the amount of this loan has increased by Tk 455,724 crore. And in just three months, defaulted loans have increased by Tk 246,781 crore. As the defaulted loans increase, the liquidity crisis in banks is also increasing and it is becoming difficult to distribute new loans. This is reducing investment and employment, and depositors are also suffering from insecurity.
Media reports say, the amount of defaulted loans in June 2024 was Tk 211,391 crore. The amount of defaults has increased threefold in just...