9 years has risen three and a half times

The bank's bank is becoming more vulnerable. The defaulting loan is increasing due to non-compliance of the rules, which are affecting the financial sector of the country. When the Awami League government came to power in 2009, there was a deficit loan of Tk 22,481 crore in the country. After nine years, the loan default increased to 80 thousand 307 crores. That is, in the nine years of the present government two years, the bank loan increased by three and a half times.

Out of this, more than 45,000 crore bad loans have been abolished. The hidden numbers are hidden outside the calculation of defaults. In all, the default loan is now more than Tk 1.25 billion. This information was found from the latest report from the central bank.
Bangladesh Bank had taken several initiatives to keep the bank sector well. Such  as fixing the goal of the business, setting the observer, analyzing all  documents of the board meeting, granting large loans, setting the  credit limit of the individual customer and setting up the debt  restructuring system. Yet the central bank is not able to control the sector in any way. Of these, private banks have been involved in 'Changes panic'. Eight banks have gone under the control of a Chittagong-based business group. The central bank's regulatory framework has become more flexible.
Former  caretaker government advisor AB Mirza Azizul Islam said in the first  light, the money is not being collected due to the legal considerations  due to non-compliance. It turns out that there is nothing to do if the loan is not returned. It's good to be good with court orders year after year. The culture of non-refunding has been developed for this. Others are also encouraged from this. To get out of this, the bank sector should be kept totally free of political influence. Mirza Aziz thinks that a form of fraud and reconstruction is a fraud. These loans are not recovered. Can be hidden for a long time.
According  to the central bank report, last September, the amount of credit  increased in the bank sector was 7 lakh 52 thousand 730 crore Of this, the default loan is 80 thousand 307 crores. That is, 10.66 percent of the loan is now defunct.
The defaulting loan of public and private sector banks increased. In the three months of July-September, the number of defaulters of the public sector banks increased by 38 thousand

517 crores taka In June last year, the amount was 34,580 crores. Of these, only the defaulting loan of Janata Bank has increased to around Tk 4 billion.
Managing  director of Janata Bank (current charge) Abdus Salam Azad said in the  first light, the four repatriages and reconstituted four loans have  become somewhat worse. That's why the default loan has increased so much. It's okay in December
The amount of defaulted loan of private sector domestic banks increased to 33 thousand 973 crore Which was 31 thousand 728 crore in June During this period, the number of defaulters of several banks including National, Farmers, increased. But at the time, the defaulting loan of foreign banks dropped. Besides, there was no change in the amount of defaulted loan of the government-specific two banks.
Contacted  by Association of Bankers Bangladesh (ABB) chairman and managing  trustee of Mutual Trust Bank, Anis A Khan, is approached to know why  credit default is increasing. He  said in the first light, many of the loans which were regularized by  repatriation and reconstruction were unable to do business properly. Apart from this, as well as many new loans, some new loans have become defaulters. These are the reasons why the defaulting loan is rising.
Asked about the impact of default lending, Anis Khan said, the  profitability of the banks will be reduced, they will not be able to pay  dividend as before.
However, bank-related people say that the private bank's directors are giving loans between themselves. The purpose for which these loans are being taken is not properly utilized. Loans are being trafficked. Some senior officials of the bank have been involved with it. As a result, the horrors of defaulters are being revealed. Apart from this, the central bank's control and supervision system on the bank sector has become weaker than before. For the last two years, the central bank was not able to improve the situation even after setting an observer on the 13 banks. Overall its impact is on investment. The bank is giving loans, but it is not being invested.
There are a total of 57 banks in the public, private and foreign countries. The government and non-governmental 13 banks are on the list of financial condition deterioration. As  well as government banks, the situation of Bangladesh Commerce,  National, Farmers and NRB Commercial in the private sector has been  getting worse for years. Bangladesh Bank has not taken any steps to change ownership of several private sector banks. On the contrary, the central bank is going to support them. As a result, there is a panic among the concerned people including bank deposits.