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Government Banks’ Higher Increasing Rate Of Default Loans

Reported by: Jafar Ahmad
Written by: Eshan Maitra

Despite of having comparatively less amount of distributed loans count. 6 major government banks have higher increasing rate of default loans than any other. These are – Agrani Bank, Bangladesh Development Bank, Basic Bank, Janata Bank, Rupali Bank & Sonali Bank.
Reported by a 6-months’ thorough analysis. While, commercial bank-loan distribution increased 47,102.87 crores taka. These 6 government banks only distributed total of 4,996.91 crores taka. Meanwhile countrywide default loan increase was 11,976.21 crores taka. But, these 6 major government banks’ default loan increased by 3,554.78 crores taka. That is average 26.84% rate per banks. Though, 40 commercial banks have only 5.77% default loan increase rate, with total of 4,671.57 crores taka.

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