Selection of 8,238 financing defaulters published, an excellent funds regarding bank administrators reach Tk 171,616 crore

Selection of 8,238 financing defaulters published, an excellent funds regarding bank administrators reach Tk 171,616 crore

The fresh a great funds drawn of the people who own Bangladesh’s banks have reached within 171,616 crore at the conclusion of September 2019, that is eleven.21 percent of overall money disbursed by every banking companies.

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Right until November 2019, there had been 8,238 defaulters in the united kingdom that have bills totaling more Tk 96,986 crore. Of that, only Tk twenty five,836 crore has been paid up until November, as per Borrowing from the bank Guidance Agency (CIB) away from Bangladesh Bank.

Funds Minister AHM Mustafa Kamal disclosed the above mentioned figures inside parliament on Wednesday (January 22) claiming the lending company directors features lent the money generally from other finance companies. The fresh new administrators regarding twenty-five finance companies have chosen to take Tk step 1,614.77 crore off their individual financial institutions by Sep 30 history.

From the 57 industrial banks functioning during the Bangladesh, precisely the administrators out of Rajshahi Krishi Unnayan Lender and you will ICB Islami Bank have taken no loans.

Abdominal Lender directors ideal record with regards to financing regarding financial standing over Tk 907 crore, followed by BRAC Bank administrators, whoever borrowings on lender was Tk 362 crore. Islami Financial and you may Exim Lender haven’t borrowed any cash to help you their directors but they are better lenders into the people who own most other banks with over Tk 19,175 crore and you will Tk 10,513 crore correspondingly.

Administrators off most other finance companies owe condition-had Janata Lender Tk 10,126 crore, and you can Tk 735 crore so you can Pubali Financial.

Brand new default money offered by the banks and you will creditors to 8,238 companies totaled from the Tk 96,986 crore. More than half of them, cuatro,198, have not repaid an individual taka. Others companies have paid back a total of Tk twenty-five,836 crore.

Rimex Footwear Ltd, Crescent Leather Items Ltd and Rupali Ingredient Leatherwear Ltd, every sister questions of your own Crescent Group, is the greatest around three loan defaulters, depending on number. The 3 enterprises, and this took significant portions of the fund regarding Janata Lender, didn’t pay off any money towards condition-run lender.

Centered on Bangladesh Bank, the fresh Crescent Classification’s full mortgage out-of Janata really stands up to Tk 4,000 crore.

About three people out of AnonTex – Galaxy Sweater and you may Yarn Dyeing, Simran Element and you will AnonTex Knit Tex – are also among financing defualters. The team jad taken more than Tk 5,five hundred crore from Janata ranging from 2007 and 2014.

The list includes Benetex Opportunities, an issue of Buildtrade Class; Bismillah Towels, something away from Bismillah Group; and you can Hallmark Design Don, a family out-of Hallmark Class. Buildtrade Class siphoned of more Tk step three,one hundred thousand crore out of each other public and private banks.

Three low-lender loan providers (NBFIs) have also be defaulters. He is Bangladesh Commercial Monetary institution, Global Leasing and you may Monetary Provider, and you can Individuals Rental and you may Fund Qualities.

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