Tag: Defaulted Loans

9 news articles tagged with "Defaulted Loans"

Economy & Finance ★ Editor's Pick Sep 23, 2026

Islami Bank Bangladesh Faces Corporate Client Confidence Concerns Amid One-Member Board, MD Vacuum

TBS reports that Islami Bank's one-member board and MD vacuum have delayed loan approvals, LCs and corporate financing for hundreds of garment factories, with NPLs reaching Tk98,914 crore (52% of total loans).

Economy & Finance Oct 16, 2026

Bangladesh Banks Need Stronger Risk Governance, Independent CROs To Ensure Stability: BIBM Experts

Bangladesh's banking sector needs stronger board-level oversight, independent chief risk officers (CROs) and credible asset-quality management to ensure financial stability, experts said at a BIBM seminar.

Economy & Finance Sep 30, 2026

City Group Faces Default Risk As 36 Bangladesh Banks Balk At Tk 6,000 Crore Fresh Funding

City Group, a major player in Bangladesh's food and commodity supply chain, faces the risk of loan classification as 36 lenders remain divided over its proposal to reschedule loans for 12 years while providing an additional Tk 6,000 crore in working capital.

Pharmaceuticals Sep 29, 2026

BSEC Clears Beximco Pharma Board Overhaul, Salman F Rahman Dropped From New Nine-Member Board

The Bangladesh Securities and Exchange Commission has approved a reconstituted nine-member board for Beximco Pharmaceuticals, excluding vice-chairman Salman F Rahman who is in custody. The move ends a prolonged regulatory and legal dispute over independent director appointments.

Policy & Regulation Sep 29, 2026

Tk 18,000 Crore Claims Stuck In 246 Company Liquidation Cases In Bangladesh, Some Pending 10 Years

Around Tk 18,000 crore in claims is tied up in 246 company liquidation cases pending with the Bangladesh High Court, with 74 new cases filed in Jan-Aug 2026 involving Tk 4,500 crore, while only 13 cases were disposed of.

Economy & Finance Aug 27, 2026

Sammilito Islami Bank Files 10,000 Cases to Recover Defaulted Loans from Five Merged Lenders

Sammilito Islami Bank PLC, formed by merging five troubled shariah-based lenders, has filed nearly 10,000 lawsuits to recover defaulted loans, with a forensic audit nearing completion to identify those responsible for irregularities under previous management.

Economy & Finance Jul 26, 2026

Bangladesh Bank Warns Rising Defaulted Loans Creating Capital Deficits at Many Banks

Bangladesh Bank has warned that rising defaulted loans have created capital and provision deficits at many banks, increasing instability in the financial sector. The central bank also identified fuel supply uncertainty and sluggish investment as key domestic challenges.

Economy & Finance Oct 15, 2026

National Bank Begins Repaying Depositors After Tk 700 Billion Bailout From Sonali Bank With BB Guarantee

National Bank has begun repaying depositors after securing Tk 700 billion in funding from Sonali Bank against Bangladesh Bank guarantee, with the central bank imposing 11 strict conditions on use of the bailout funds.

Economy & Finance Sep 24, 2026

Arrest Warrant Issued Against M Morshed Khan In MTB Loan Recovery Case: Banking Sector Enforcement

Artha Rin Adalat No. 7 issued arrest warrants against M Morshed Khan and four Citycell officials in MTB's loan recovery case, with the court directing Gulshan Police to produce them by November 18.

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