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The specialised development bank also incurred a net loss of Tk 533 crore last year. This has given an indication that the net loss in the bank may increase to a large extent this year compared to the previous year. An official of the lender said that it had been facing a large volume of default loans since 2012, when it gave out funds to the non-farm sector in a breach of banking norms. The bank s loan recovery trend from the farm sector is good, but a large amount of fund has been stuck in the non-farm sector, which made it a loss-making lender, he added.

Bangladesh generalEhsan khasruSheikh abdul hye bacchuRajshahi krishi unnayanAnisur rahmanFarmers bankBank asiaBangladesh bankMeghna bankBangladesh developmentPadma bankStandard chartered bankBangladesh krishi bankBangladesh krishiBangladesh commerceChairman sheikh abdul hye bacchu