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Over Tk 92,000cr embezzled through loan scams since 2008: CPD

Health of banking sector in Bangladesh: More than Tk 92,000 crore have been siphoned out of the banking sector through 24 major loan scams since 2008, according to the Centre for Policy Dialogue (CPD). ....

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Fund embezzlement from financial sector | Over Tk 92,000cr embezzled through loan scams since 2008: CPD

Health of banking sector in Bangladesh: More than Tk 92,000 crore have been siphoned out of the banking sector through 24 major loan scams since 2008, according to the Centre for Policy Dialogue (CPD). ....

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Bangladesh Falling reserve, rising bad loans worrying | Foreign exchange reserves in Bangladesh

The falling foreign exchange reserves and the ever-rising defaulted loans are very concerning for the economy, and the government should respond fast to avoid a looming crisis, eminent economist Prof Rehman Sobhan said yesterday. ....

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Bad loans pile up at state banks, eating away profits

Four state-run commercial banks registered 29 per cent year-on-year spike in bad loans in 2022 as the central bank's relaxed classification rules introduced in the wake of the Covid-19 outbreak ended and their inefficient lending persisted. ....

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