It was around 12 percent of the total debts disbursed by the banks. The Bangladesh Bank account of bad loans, however, is questioned by the International Monetary Fund, economists and bankers. The total amount of bad debts would have been around Tk 2.5 trillion had the central bank counted rescheduled loans, regularised debts, and those frozen in courts. The IMF in a recent report submitted to the government recommended that the central bank take these debts into account. After taking charge in January, Finance Minister AHM Mustafa Kamal announced his intention to curb bad loans.

Source: bd News24 November 27, 2019 21:33 UTC