The Financial Express

Unrealised loan totals Tk 1.31t from 230,658 defaulters: Muhith

| Updated: September 21, 2018 11:02:27

Unrealised loan totals Tk 1.31t from 230,658 defaulters: Muhith

The number of loan defaulters in the country reached 230,658, and the amount of unrecovered loan from them totalled over Tk 1.31 trillion until June 2018, according to the central bank.

Finance Minister A M A Muhith disclosed the information in the Jatiyo Sangsad (JS) on Wednesday in response to a query of Member of Parliament (MP) Pinu Khan.

The finance minister also informed JS that the loan defaulters were involved with 88 banks and financial institutions (FIs).

Of the banks, the volume of default loans with Sonali Bank was Tk 186.62 billion, followed by Janata Bank Tk 148.40 billion, Agrani Bank Tk 92.84 billion, Rupali Bank Tk 49.01 billion, Basic Bank Tk 85.76 billion, Bangladesh Krishi Bank Tk 21.78 billion, and Bangladesh Development Bank Tk 23.32 billion.

The amount of default loans with Pubali Bank was Tk 21.16 billion, National Bank Tk 50.76 billion, Islami Bank Tk 35.20 billion, and Prime Bank Tk 35.85 billion, Mr. Muhith also said.

Mr Muhith unveiled the list of the top 100 loan defaulters that includes Elias Brothers, Quantum Power System, Remix Footwear, Max Spinning, Rubia Vegetables Industries, Rising Steel, Dhaka Trading House, Bentex Industries, Anowara Spinning, Crescent Leather Products, Yasin Enterprise, Chowdhury Knitwear, Siddique Traders, Rupali Composite Leatherwear, Alpha Composite Towels, Hall-Mark Fashion, Munnu Fabrics, Fair Yarn Processing, Fair Trade Fabrics, Shaharish Composite Towels, Mark International, Suruj Miyan Jute Spinning Mills, Pacific Bangladesh Telecom, Saleh Carpet Limited, and Padma Poly Cotton Knit Fabrics.

Other defaulters include S K Steel, Helpline Resources, H. Steel Re-rolling, Ottobi, Bismillah Towels, Taipei Bangla Fabrics, Dhaka North Power Utility, T & Brothers Knit Composite, Tania Enterprise Unit-2, Six Seasons Apartment, Islam Trading Consortium, Rahman Spinning Mills, Japan-BD Sec Printing and Papers, Bangladesh Industrial Finance Company, Semat City General Trading, M K Ship Bulders, Cotton Corporation, National Steel, M B M Garments and Textile, Sonali Jute Mills, Expertech Limited, Walmart Fashion, Sad Musa Fabrics, Chittagong Ispat, Agro Industries, Himalaya Paper and Board Mills, Amader Bari Ltd, Emdadul Haq Bhuiyan, Chowdhury Towels, Chowdhury Leather, Earth Agro Farm, Northern Power Solution, Mac Ship Builders, The Arab Contractors, One Denim Mills, Liberty Fashion Ware, Biswas Garment, Mastered Trading , Hindul Wally Trading, Sagir & Brothers, Globe Metal Complex, Ornate Services and Jalal and Sons.

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