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Wednesday, August 15, 2012

Default loans rise

Banks in Bangladesh recorded default loans Tk.290 billion out of their outstanding loans at the end of June 2012, up from Tk.253 billion at the end of March 2012, an increase of 14.6%. Rise in interest rates, and ongoing sluggish economic activities are the reasons, as mentioned by top bankers of the country.

Link of the news.

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