Of the 15 banks, four are state-owned, while the remaining eleven are private commercial banks, according to data from the Bangladesh Bank. The fifteen banks are: Sonali Bank, Agrani Bank, Rupali Bank, BASIC Bank, AB Bank, Bangladesh Commerce Bank, Dhaka Bank, Mutual Trust Bank, National Bank, Premier Bank, Shahjalal Islami Bank, Social Islami Bank, Standard Bank, Southeast Bank, and Trust Bank. Some of the banks are face provisioning shortfall because they lent a large amount of funds in violation of banking regulations. The capital base of the 15 banks will erode significantly if they keep provisioning as per the central bank rules, said a Bangladesh Bank official. The non-performing loans (NPLs) of banks rose by Tk 19,608cr in December 2018, compared to the same period in 2017.

Source: Dhaka Tribune February 27, 2019 16:52 UTC