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HomeBangladesh NewsIn six months, defaulted loans have increased by 3 thousand crore rupees

In six months, defaulted loans have increased by 3 thousand crore rupees


According to Bangladesh Bank data, among PK Halder-affiliated financial institutions, People's Leasing has the highest non-performing loan rate at 99 percent or Tk 1,960 crore. The rate and amount of defaulted loans in other institutions are as follows: International Leasing 94.76 percent or 3 thousand 912 crore taka; FAS Finance 89.56 percent or Tk 1,645 crore and Aviva Finance 71.72 percent or Tk 1,902 crore.

Apart from this, the non-performing loans of First Finance is 94.41 percent, which is 92.37 percent of GSP Finance, 89.41 percent of First Finance, 66.74 percent of Premier Leasing, 59.39 percent of CVC Finance, 59.17 percent of Meridian Finance, 58.17 percent of IIDFC. 64 percent, Haj Finance 57.79 percent, Phoenix Finance 57.79 percent, National Finance 56.86 percent, Bay Leasing 52.82 percent and Uttara Finance 50.48 percent.

The country's first financial institution was IPDC Finance, which started its journey in 1981. Currently there are 35 financial institutions in the country.



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