File photo of AHM Mustafa Kamal Mahmood Hossain Opu/Dhaka Tribune'Now NPLs have become a matter of grave concern, but it is still in a manageable stage'Finance Minister AHM Mustafa Kamal on Thursday said there will be no non-performing loans (NPLs) from here onwards as Bangladesh Association of Banks (BAB) is going to take necessary measures to check the loans, reports BSS. “Now NPLs have become a matter of grave concern, but it is still in a manageable stage. From today, NPLs will not increase and BAB will take necessary initiatives to cut the existing classified loans,” he told reporters after a meeting with BAB at the Planning Ministry in Dhaka. Nazrul said BAB is going to take necessary steps against NPLs with support from the government. We’ll take all kinds of measures for reducing NPLs from today,” he said.

Source: Dhaka Tribune January 10, 2019 17:15 UTC