Bank sector’s headache is defaulted loans. In spite of various attempts to reduce the defaulted loans, the defaulted loans have increased by Tk 24 thousand 977 crores in one year, which is 9 percent of the total disbursed loans.
This information was obtained from Bangladesh Bank’s updated report on defaulted loans on Monday (February 12).
According to the data, the amount of defaulted loans has reached 1 lakh 45 thousand 633 crores till date. A year ago it was 1 lakh 20 thousand 656 crores.
According to the data of the Central Bank, the total amount of loans distributed (outstanding) in the banking sector at the end of December 2023 stood at 16 lakh 17 thousand 688 crores. Of this, 1 lakh 45 thousand 633 crore rupees have become defaults, which is 9 percent of the total disbursed loans.
Analyzing the data on defaulted loans, it can be seen that the amount of defaulted loans in state-owned commercial banks at the end of December is 65 thousand 781 crores, which is 21 percent of their total loans. At the same time, the rate of non-performing loans in private commercial banks stood at 5.93 percent. The total amount of defaulted loans of these private banks stands at 70 thousand 981 crores. And the loan default of specialized banks is 13.87 percent.
In one year defaulted loans increased slightly but decreased in the last three months in October, November and December. At this time, the amount of reduction is 9 thousand 765 crores. In the September quarter of last year, the amount of defaulted loans was 1 lakh 55 thousand 398 crores, which is 9.93 percent of the total disbursed loans.
