300,000 loan defaulters inside the Bangladesh commercially. There are many more one 3 hundred,100 financing defaulters in various banks and you can financial institutions across Bangladesh, Finance Minister AHM Mustafa Kamal states.

300,000 loan defaulters inside the Bangladesh commercially. There are many more one 3 hundred,100 financing defaulters in various banks and you can financial institutions across Bangladesh, Finance Minister AHM Mustafa Kamal states.

As of October 2020, there are 334,982 loan defaulters all over the country, with respect to the Loans Minister out of Bangladesh Mr. AHM Mustafa Kamal responding so you’re able to a concern in the parliament towards the January 25th, 2021, account new every single day Prothomalo.

In reaction to some other concern, the latest funds minister claimed money collection of BDT 108,471 crore or ca. EUR 10.64 towards the fiscal year 2020-21 (up until 30th June 2020) since December 2020 from the target number of BDT 330,000 crore or ca. EUR thirty two.thirty five million scoring the revenue range ration to focus on at the thirty-two.87%.

The guy after that informed brand new parliament regarding decrease of low-performing funds (NPLs) by the BDT 17,737 crore, or ca. EUR step 1.74 mil.

The fresh new a good non-performing money (NPLs) as of September 2020, stood during the BDT 94,440.47 crore or EUR 9.26 billion, according the newest brand new central bank analysis, which the minister generated mention of.

With the February step one, 2019, the newest minister advised the newest parliament your quantity of financing defaulters in the united kingdom is dos,66,118 at the time of December 2018.

The newest matter revealed of the loans minister with the Saturday suggests the matter loan defaulters in the united states enhanced by the more 68,000 from inside the twenty two days, hence really may have been because of relaxed legislation, with respect to the minister.

An entire inside the-breadth declaration tends to be available up on request on the blogger.

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Mr. Kauser Bhuiyan is an old Eu diplomat and you can Wall-Path professional who gathered more than 2 decades from elite group experience during the Accenture, Bloomberg, Eu Payment and you can Stein & Lovers. The guy read professional knowledge on areas of Alter Management Contacting, In the world Financial Field, Economic Co-process and you will Diplomacy from inside the Frankfurt, Zurich, London area, Ny, Brussels, Islamabad and you may Dhaka. Mr. Bhuiyan could be reached at query [at] steinandpartners.websites

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