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Troubled loans slump in Q4

The amount of troubled loans in the banking system dived in the fourth quarter of 2019, aided by the special facilities central bank offered to defaulters. The non-performing loans, or NPLs, shrank by nearly 19 per cent to Tk 943.31 billion as of December 31 of the year from Tk …

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Defaulted loans hit all-time high

Defaulted loans surged 24 percent to Tk 116,288 crore in September compared to that in December last year, the amount being the highest in the country’s history, largely because of the central bank’s inertia to crack down on wilful defaulters.

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Invest in hospitality management

Salman F Rahman, the prime minister’s private industry and investment adviser, yesterday asked entrepreneurs of the Confederation of Asia-Pacific Chambers of Commerce and Industry’s (Cacci) member countries to invest in Bangladesh’s hospitality sector.

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