Listing of 8,238 financing defaulters authored, an excellent financing regarding bank directors visited Tk 171,616 crore

Listing of 8,238 financing defaulters authored, an excellent financing regarding bank directors visited Tk 171,616 crore

Brand new a good money pulled by the people who own Bangladesh’s banking institutions reach from the 171,616 crore after Sep 2019, that is eleven.21 percent of overall fund paid of the most of the financial institutions.

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Right until November 2019, there were 8,238 defaulters in the nation with debts totaling over Tk 96,986 crore. Of this, just Tk 25,836 crore has been paid down up until November, according to Borrowing from the bank Advice Agency (CIB) from Bangladesh Lender.

Loans Minister AHM Mustafa Kamal expose the above rates inside parliament for the Wednesday (January 22) claiming the financial institution administrators keeps borrowed the money primarily from other banks. The latest directors out of 25 banks took Tk step 1,614.77 crore from their own financial institutions as of Sep 30 history.

Out from the 57 commercial finance companies doing work when you look at the Bangladesh, precisely the administrators away from Rajshahi Krishi Unnayan Financial and ICB Islami Financial have chosen to take zero loans.

Ab Bank directors finest record with the financing about financial updates more than Tk 907 crore, accompanied by BRAC Bank administrators, whoever borrowings on bank is actually Tk 362 crore. Islami Lender and you may Exim Bank have not borrowed any money to help you their administrators but they are ideal lenders toward owners of other financial institutions with well over Tk 19,175 crore and you may Tk ten,513 crore correspondingly.

Administrators out-of most other financial institutions owe state-possessed Janata Lender Tk 10,126 crore, and you may Tk 735 crore to help you Pubali Bank.

This new default financing supplied by financial institutions and you may financial institutions to 8,238 providers totaled from the Tk 96,986 crore. Over fifty percent of them, cuatro,198, have not paid off an individual taka. Others organizations provides repaid a maximum of Tk 25,836 crore.

Rimex Footwear Ltd, Crescent Fabric Points Ltd and you will Rupali Element Leatherwear Ltd, the sibling questions of Crescent Group, certainly are the ideal around three mortgage defaulters, according to list. The 3 companies, hence took biggest servings of your finance from the Janata Lender, didn’t pay-off any money towards state-focus on bank.

Centered on Bangladesh Bank, the Crescent Group’s total loan from Janata stands doing Tk 4,100 crore.

Three organizations regarding AnonTex – Galaxy Jacket and Yarn Dyeing, Simran Composite and you may AnonTex Knit Tex – also are one of the mortgage defualters. The group jad pulled more than Tk 5,five hundred crore out of Janata ranging from 2007 and you will 2014.

The list includes Benetex Areas, a problem away from Buildtrade Group; Bismillah Towels, something off Bismillah Category; and Characteristic Design Don, a friends out of Hallmark Classification. Buildtrade Classification siphoned off over Tk step 3,000 crore off one another personal and personal financial institutions.

Three low-financial loan providers (NBFIs) also have getting defaulters. He or she is Bangladesh Commercial Finance company, Around the world Rental and Monetary Services, and you will Individuals Local rental and you can Funds Functions.

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