Report: Banks lacking capital to absorb losses as NPLs hit 32.78%
The default loan rate in Bangladesh's banking sector has surged to 32.78%. This means nearly one-third of all disbursed loans in the banking sector are now non-performing (defaulted). Furthermore, there is virtually zero likelihood of recovering 80% to 90% of these defaulted loans. Compounding the crisis, banks lack the necessary capital to absorb the losses stemming from these defaulted...…
We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.
