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Tag Archives: default

14 banks see unusual rise in default loans

Default loans in 14 banks surged abnormally in 2018 — in a development that will weaken the country’s banking sector further. Experts and bankers attributed the sector’s declining health to the poor lending practices and politically-influenced loans, calling on the government and the central bank to address the issue immediately. The 14 banks are Janata, AB, Islami Bank Bangladesh, Modhumoti, ...

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14 banks see unusual rise in default loans

Default loans in 14 banks surged abnormally in 2018 — in a development that will weaken the country’s banking sector further. Experts and bankers attributed the sector’s declining health to the poor lending practices and politically-influenced loans, calling on the government and the central bank to address the issue immediately. The 14 banks are Janata, AB, Islami Bank Bangladesh, Modhumoti, ...

Read More »

14 banks see unusual rise in default loans

Default loans in 14 banks surged abnormally in 2018 — in a development that will weaken the country’s banking sector further. Experts and bankers attributed the sector’s declining health to the poor lending practices and politically-influenced loans, calling on the government and the central bank to address the issue immediately. The 14 banks are Janata, AB, Islami Bank Bangladesh, Modhumoti, ...

Read More »

14 banks see unusual rise in default loans

Default loans in 14 banks surged abnormally in 2018 — in a development that will weaken the country’s banking sector further. Experts and bankers attributed the sector’s declining health to the poor lending practices and politically-influenced loans, calling on the government and the central bank to address the issue immediately. The 14 banks are Janata, AB, Islami Bank Bangladesh, Modhumoti, ...

Read More »

14 banks see unusual rise in default loans

Default loans in 14 banks surged abnormally in 2018 — in a development that will weaken the country’s banking sector further. Experts and bankers attributed the sector’s declining health to the poor lending practices and politically-influenced loans, calling on the government and the central bank to address the issue immediately. The 14 banks are Janata, AB, Islami Bank Bangladesh, Modhumoti, ...

Read More »

14 banks see unusual rise in default loans

Default loans in 14 banks surged abnormally in 2018 — in a development that will weaken the country’s banking sector further. Experts and bankers attributed the sector’s declining health to the poor lending practices and politically-influenced loans, calling on the government and the central bank to address the issue immediately. The 14 banks are Janata, AB, Islami Bank Bangladesh, Modhumoti, ...

Read More »

BRIEF-LGC Capital Provides Second Default Status Report

© Reuters. BRIEF-LGC Capital Provides Second Default Status Report Feb 25 (Reuters) – LGC Capital Ltd : * LGC CAPITAL PROVIDES SECOND DEFAULT STATUS REPORT * LGC CAPITAL – JAN 29 MANAGEMENT CEASE TRADE ORDER DOESNT AFFECT ABILITY OF SHAREHOLDERS WHO ARE NOT INSIDERS OF CORPORATION TO TRADE THEIR SECURITIES … All News

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Banks lend over Rs 20,000 crore to NBFCs since the crisis hit the sector following IL&FS default

When mutual funds turn fair weather friends, banks provide the helping hand. Banks lending to Non – Banking Finance Companies rose 4.4 percent in the December quarter to Rs. 24,200 crores when mutual funds slammed the doors on them after Infrastructure Leasing & Financial Services Ltd. defaulted on bond payments. This growth compares with a shrinking of 4.7 percent in ...

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PH banks can weather Hanjin default, BSP assures public | Inquirer Business

Banking regulators on Friday moved to reassure the public about the strength of the financial system after the bankruptcy of a Korean-owned shipbuilder in Subic Bay triggered a $ 412-million default on local lenders—the biggest in Philippine corporate history. In a statement to the Inquirer, the Bangko Sentral ng Pilipinas said the banking industry has enough capital buffer to weather ...

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PH banks can weather Hanjin default, BSP assures public

Banking regulators on Friday moved to reassure the public about the strength of the financial system after the bankruptcy of a Korean-owned shipbuilder in Subic Bay triggered a $ 412-million default on local lenders—the biggest in Philippine corporate history. In a statement to the Inquirer, the Bangko Sentral ng Pilipinas said the banking industry has enough capital buffer to weather ...

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