Tag Archives: default loans

MNA Bushiness Desk: The Office of the Registrar of Joint Stock Companies and Firms (RJSC) has sought information on default loans urgently from the central bank for checking loan portfolio of aspirant directors of registered companies, reported news agency. The issue was discussed at a meeting held Wednesday among the Bangladesh Bank (BB), the Bangladesh Securities and Exchange Commission (BSEC), the RJSC, the Insurance Development and Regulatory Authority (IDRA), the Micro-credit Regulatory Authority (MRA), the Department of Cooperatives (DoC) and the Bangladesh Telecommunication Regulatory Commission (BTRC). At the meeting, the RJSC sought information on default loan from Credit Information Bureau ...

MNA Business Desk: The Bangladesh Small Industries and Commerce Bank Limited (BASIC) and Sonali Bank have more than Tk 97.64 billion in defaulted loans. Of the figure, BASIC Bank has disbursed the unpaid loans of around Tk 65.4 billion to 628 firms. The names of a few families have repeatedly emerged in the loan scam of BASIC Bank. The top loan dodgers, who have defaulted on loans in billions of taka, are from three families. These are the families of the former president of the Chittagong Chambers of Commerce (CCC) Murshed Murad Ibrahim, former Farmers Bank’s chairman Mahbubul Chisty and ...