New a great fund drawn by the owners of Bangladesh’s finance companies reach within 171,616 crore at the conclusion of Sep 2019, that’s 11.21 percent of the complete loans paid from the every financial institutions.
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Right until November 2019, there have been 8,238 defaulters in the country having costs totaling more Tk 96,986 crore. Of the, simply Tk 25,836 crore might have been paid up until November, depending on Credit Pointers Agency (CIB) out of Bangladesh Lender.
Funds Minister AHM Mustafa Kamal uncovered the aforementioned rates from inside the parliament on the Wednesday (January twenty two) claiming the bank directors has borrowed the money mostly from other finance companies. The new administrators of twenty-five banking companies have chosen to take Tk 1,614.77 crore off their own banking institutions by September 30 past.
Outside of the 57 industrial banks operating for the Bangladesh, just the directors away from Rajshahi Krishi Unnayan Lender and ICB Islami Financial took zero loans from banks.
Ab Financial directors best record through its financing from the lender condition more Tk 907 crore, followed closely by BRAC Financial administrators, whoever borrowings regarding financial was Tk 362 crore. Islami Financial and you may Exim Bank haven’t borrowed any cash so you’re able to the administrators however they are most readily useful loan providers on people who own almost every other banking institutions with more than Tk 19,175 crore and you will Tk ten,513 crore respectively.
Directors from almost every other banking companies owe county-had Janata Lender Tk 10,126 crore, and you will Tk 735 crore to help you Pubali Bank.
Brand new standard funds provided by the banks and you can creditors so you can 8,238 companies totaled on Tk 96,986 crore. More than half ones, cuatro,198, have not paid back just one taka. The other organizations features paid back a total of Tk 25,836 crore.
Rimex Boot Ltd, Crescent Fabric Circumstances Ltd and Rupali Substance Leatherwear Ltd, the sis concerns of your Crescent Classification, will be the most readily useful around three financing defaulters, as per checklist. The three firms, and therefore took major portions of your finance on the Janata Bank, didn’t pay hardly any money towards state-manage bank.
Centered on Bangladesh Lender, this new Crescent Category’s overall loan regarding Janata stands doing Tk 4,100000 crore.
Around three enterprises of AnonTex – Galaxy Jacket and Yarn Dyeing, Simran Ingredient and you will AnonTex Knit Tex – also are among the list of loan defualters. The team jad removed more than Tk 5,five-hundred crore regarding Janata ranging from 2007 and you can 2014.
Record is sold with Benetex Industries, something out-of Buildtrade Category; Bismillah Towels, a problem out of Bismillah Class; and Characteristic Framework Don, a pals off Characteristic Class. Buildtrade Classification siphoned out of more Tk 3,one hundred thousand crore regarding both public and private finance companies.
Three low-lender financial institutions (NBFIs) have likewise be defaulters. He’s Bangladesh Industrial Finance company, In the world Local rental and you will Monetary Services, and you may Peoples Leasing and you will Finance Features.
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