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Economy

Classified loan now Tk 111,347 cr, Muhith tells JS

He places list of top 100 loan defaulters

10 July 2017,Monday, 23:19



Placing a list of the country’s top 100 loan defaulters in Parliament, Finance Minister AMA Muhtih on Monday said the amount of the classified loan now stands at Tk 111,347 crore, UNB reports.
 
“As per the data of the Credit Information Bureau (CIB) of Bangladesh Bank, the amount of classified loan in banks and financial institutions is Tk 111,347 crore as of April 2017,” he said replying to a starred question from Awami League MP Mohibur Rahman Manik (Sunamganj-5).
 
According to the list placed by the Finance Minister, the top 10 loan defaulters include Mohammad Elias Brothers (PVT) Ltd, Jasmir Vegetable Oil Ltd, Max Spinning Mills Ltd, Benetex Industries Ltd, Dhaka Trading House, Anowara Spinning Mills, Yasir Enterprise, Quantum Power System Ltd, MM Vegetable Oil Products Ltd and Alppa Composite Towel Limited.   
 
In reply to an unstarred question from ruling party MP M Abdul Latif (Chittagong-11), the Finance Minister said the government has taken steps to bring all branches of the state-owned banks under online banking system.
 
As part of the measures, all branches of Agrani Bank, Rupali Bank and Basic Bank have already been brought under the Core Banking System (CSB) and they are now providing online banking services, he said adding that three banks have 925, 562 and 68 branches respectively.
 
Of the other state-owned banks, 875 out of 1,212 branches of Sonali bank, 862 out of 907 branches of Janata Bank and 38 out of 39 branches of Bangladesh Development Bank have already introduced online banking services, Muhith said.
 
Besides, work is underway to bring the remaining branches of the three banks under the CSB within a shortest time, he said hoping to complete the task by December next.

 

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