At the end of September, the amount of NPLs in the banking system were to the tune of Tk99,370 crore, according to latest Bangladesh Bank data. Of the total NPLs, six state-owned commercial banks account for 29.96%, or Tk48,695.87 crore of their total disbursed loans. Default loans of foreign banks stood at Tk2,288.03 crore or 6.47% of total loans, with their total outstanding loans hitting Tk35,369.81crore in December. NPLs of two specialized banks, Bangladesh Krishi Bank and Rajshahi Krishi Unnayan Bank, stood at Tk4,787.64 crore or 19.46% of total outstanding loans in December. Banks' NPLs hit nearly Tk 1 lakh crore at the end of September 2018, the largest yet in Bangladesh's 48-year-history.

Source: Dhaka Tribune February 26, 2019 16:07 UTC