NPLs surge by Tk31,000cr in 3 months, climb to Tk5.89 lakh crore

The volume of non-performing loans (NPL) in the
country's banking sector increased by more than Tk31,000 crore during the first
three months of this year, according to data released by the Bangladesh
Bank.
As of March, total NPLs stood at Tk5.89 lakh
crore, up by Tk31,488 crore from the Tk5.57 lakh crore recorded at the end of
December, the central bank's Executive Director and spokesperson Arief Hossain
Khan told reporters today (2 June).
The latest figure means that defaulted loans
accounted for 32.26% of all loans in the banking sector during the
period.
According to Bangladesh Bank, total loans
disbursed by the country's banks amounted to Tk18.25 lakh crore at the end of
March.
















