Defaulted Loans Reach Tk 1,23,153 Crore Under Three Governors

Industry: Bank, Financial

Three governors have served in the country’s banking sector for the past 15 years. During the tenure of these three governors, the highest amount of defaulted loans increased, amounting to Tk 1 lakh 23 thousand 153 crores. Abdur Rauf Talukder, the current governor, saw an increase of Tk 20,376 crores within a year and a half. Fazle Kabir’s seven-year tenure witnessed defaulted loans surge by Tk 65,846 crores. Atiur Rahman’s term saw an increase to Tk 36,931 crores, ending prematurely due to reserve theft. Meanwhile, Bangladesh Bank’s defaulted loans account may not reflect actual figures, as litigation, foreclosed, and rescheduled loans are excluded. The IMF supports considering rescheduled and repossessed loans as defaults. Bangladesh Bank aims to reduce non-performing loans below 8% by June 2026, targeting state-owned banks at 10% and private banks at 5%.

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