The disposal of industrial loans in April-June period in 2021 stood at Tk 1,07,241.36 crore, up from Tk 74,257.43 crore, rose 44.42 per cent in the second quarter (April-June) of this calendar year compared to the same period of 2020.
However, the industrial loan disbursal soared by 17.89 per cent to Tk 1,07,241.36 crore during this quarter (Q2).
Most banks suspended their loan disposal in June quarter last year when the government announced countrywide lockdown to contain the coronavirus infection.
This year’s Q2 sees an increasing demand for industrial loans as industrial expansion came to a halt due to the pandemic-induced shutdown in 2020.
The country’s banks generally disburse two types of loans to the industrial sector — industrial term loans and industrial working capital loans. The disbursement of industrial term loans rose by 60.16 per cent to Tk 19,430.74 crore while working capital loans 41.34 per cent to Tk 87,810.63 crore in the second quarter of this year.
Source: Business Post