Satff Correspondent
Finance minister AMA Muhith on Wednesday told Jatiya Sangsad that the amount of outstanding loan stood at Tk 6,06,503 crore while the amount of loan defaults stood at Tk 65,602 crore in last ten years.
‘A total of 91 banks and financial institutions provided Tk 6,06,503 crore loan to 8,791 individuals and institutions. Of them, the number of loan defaulters is 1,956,’ he said while placing a list in the JS.
At least Tk 10 crore was given to each 8,791 individuals or institutions in the last 10 years, he said, adding that the list has been prepared by the Credit Information Bureau database of Bangladesh Bank as of November 2017.
Acknowledging the weaknesses in banking sector, the finance minister said that it would take time to get rid of the flaws.
‘There are many weaknesses in banking sector and the government has been trying to get rid of it. But it will not be easy to settle the problem... it will take time,’ he said while responding to lawmaker’s queries.
The list containing the names of all the defaulters also shows that the amount of classified loans stood at Tk 72,050 crore.
Muhith in the list mentioned names of all 1,956 individuals and institutions that became top loan defaulters.
- Courtesy: New Age Jan 25, 2018
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