NPLs surge by Tk31,000cr in 3 months, climb to Tk5.89 lakh crore
According to Bangladesh Bank, total loans disbursed by the country's banks amounted to Tk18.25 lakh crore at the end of March.
Illustration: TBS
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).
Infograph: TBS
The latest figure means that defaulted loans accounted for 32.26% of all loans in the banking sector during the period.
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According to Bangladesh Bank, total loans disbursed by the country's banks amounted to Tk18.25 lakh crore at the end of March.
