NPLs come down in state-owned banks: Finance Minister
Dhaka, July 22 -- Finance Minister AHM Mustafa Kamal on Monday said that non-performing loans has come down in state-owned banks from December last.
"Similarly most of the banks have brought interest rate down to single digit. Others will implement it soon," the minister said this at a meeting with Chairman and Managing Director (MD) of state run banks of the country at the Finance Ministry's conference room in the secretariat.
Mustafa said that there have been a lot of talks about non-performing loans in media. "I said it won't increase but media said it rose. Actually it did not increase. The review shows non-performing loan has decreased from 2018."
"We will continue communication with the clients to strengthen the bank sector. But ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.