2,30,658 loan defaulters in BD: Muhith

There are 2,30,658 loan defaulters in the country and the amount of the classified loan is around Tk 1.32 trillion in the banks and financial institutions.

Finance Minister Abul Maal Abdul Muhith gave the information while addressing the parliament on Wednesday citing the latest data (until June 2018) of the Credit Information Bureau (CIB) of Bangladesh Bank, reports UNB.

The minister placed the statistics and a list of top 100 loan defaulters in the House replying to a starred question from Awami League MP Pinu Khan (Women Seat-23).

According to the list, the top 10 loan defaulters include Mohammad Elias Brothers (PVT) Ltd, Quantum Power System Ltd, Remiex Footwear Ltd, Max Spinning Mills Ltd, Rubya Vegetable Oil Industries Ld, Rising Steel Ltd, Dhaka Trading House, Benetex Industries Ltd, Anowara Spinning Mills and Crescent Leather Products Ltd.

The finance minister also placed the list of 88 banks and financial institutions having loans in default.

As per the list, the amount of default loan is Tk 186.62 billion in Sonali Bank, Tk 148.40 billion in Janata Bank, Tk 92.84 billion in Agrani Bank,Tk 85.76 billion in Basic Bank, Tk 50.76 billion in National Bank, Tk 49.01 billion in Rupali Bank, Tk 39.98 billion in Southeast Bank Ltd, Tk 35.20 billion in Islami Bank Ltd and Tk 34.58 billion in Prime Bank Ltd.