As of September, the total bad loans accounted for 11.99% of the total disbursed loans, according to the latest Bangladesh Bank (BB) data. The total outstanding loans in the banking sector stood at Tk9,69,882.22 crore as of September 2019. According to the latest data, against the total non-performing loans, commercial banks keeps at Tk54,334.3 crore as provision. The banking sector faced a combined provisioning shortfall of Tk8,129.48 crore as of September this year. May 16 this year, the central bank issued a loan rescheduling policy for loan defaulters.

Source: Dhaka Tribune November 28, 2019 03:11 UTC