“This was the reason for the falling trend of industrial loans,” Khatun added. Banks recovered industrial loans amounting to Tk 84,232.8 crore at the end of September, down 10.9 per cent year-on-year. As a result, industrial defaulted loans fell 14.7 per cent year-on-year to Tk 46,412.2 crore at the end of September. At the end of September, disbursement of large industrial loans fell 13.1 per cent, medium industrial loans 8.9 per cent and small industrial loans 14.9 per cent. The extended deferred payment for imports offered by the central bank provided some breathing space.

Source: Dhaka Tribune December 21, 2020 18:11 UTC