He said the loans released by the government-run banks were worth Tk 1.82 trillion. Of the defaulted loans, Janata Bank accounted for Tk 159.74 billion, Sonali Bank Tk 84.67 billion, Basic Bank Tk 71.56 billion, Agrani Bank Tk 53.38 billion, Rupali Bank Tk 40.9 billion and Bangladesh Development Bank Limited or BDBL Tk 5.58 billion. The minister said the banks are going for alternative dispute resolution procedures to settle the debts. Over the last five years (2015-2019), Sonali bank has recovered Tk 53.05 billion in default loans. Janata Bank recovered Tk 28.61 billion, Agrani Bank Tk 29.55 billion, Rupali Bank Tk 10 billion, Basic Bank Tk 8.80 billion and BDBL Tk 10 billion in the same timespan, according to Kamal.

Source: bd News24 September 06, 2020 15:11 UTC