The Finance Minister has revealed the amount of defaulted loans in the country’s banking sector

The total amount of defaulted loans in the country’s banking sector has stood at 5 lakh 44 thousand 831 crore 88 lakh taka. This information was given by Finance Minister Amir Khasru Mahmud Chowdhury on the ninth day of the first session of the 13th National Parliament today, Monday (April 6). He gave this information in response to a written question from Comilla-4 MP Md. Abul Hasnat alias Hasnat Abdullah.
The Finance Minister also presented the list of the top 20 defaulting institutions in the country in the parliament session held under the chairmanship of Deputy Speaker Barrister Kaiser Kamal. The question and answer session was presented today. According to the information given by the Finance Minister, several institutions of the S. Alam Group are at the top of the list of the top 20 defaulting institutions. In addition, several large industrial groups of the country, including Beximco, are also on the list.
The top 20 defaulting institutions are: 1. S. Alam Super Edible Oil Limited, 2. S. Alam Vegetable Oil Limited, 3. Salam Refined Sugar Industries Limited, 4. S. Alam Cold Rolled Steels Limited, 5. Sonali Traders, 6. Bangladesh Export Import Company Limited (Beximco), 7. Global Trading Corporation Limited, 8. Chemon Ispat Limited, 9. S. Alam Trading Company Private Limited, 10. Infinite CR Strips Industries Limited, 11. Keya Cosmetics Limited, 12. Deshbandhu Sugar Mills Limited, 13. Powerpack Mutiara Keraniganj Power Plant Limited, 14. Powerpack Mutiara Jamalpur Power Plant Limited, 15. Pacific Bangladesh Telecom Limited, 16. Karnaphuli Foods (Private) Limited, 17. Murad Enterprises, 18. CLC Power Company Limited, 19. Beximco Communications Limited and 20. Rangdhanu Builders (Private) Limited.
The Finance Minister said that the government and Bangladesh Bank are taking various steps to recover defaulted loans and action is being taken as per the law.