Defaulted loans hit Tk 5.45 lakh crore, finance minister tells parliament
Finance Minister Amir Khosru Mahmud Chowdhury today told parliament that total defaulted loans in the banking sector have reached Tk 5.45 lakh crore.
“As of December 31, 2025, the total amount of loan defaults stood at Tk 5,44,831 crore,” he said while responding to a query from National Citizen Party MP Abul Hasnat (Hasnat Abdullah).
For all latest news, follow The Daily Star's Google News channel. In his reply, the minister also provided a list of the top 20 loan defaulters.
They include S Alam Super Edible Oil Limited, S Alam Vegetable Oil Limited, S Alam Refined Sugar Industries Limited, S Alam Cold Rolled Steels Limited, Sonali Traders, Bangladesh Export Import Company Ltd, Global Trading Corporation Limited, Chemon Ispat Limited, S Alam Trading Company Private Ltd, Infinite CR Strips Industries Limited, Keya Cosmetics Limited, Deshbandhu Sugar Mills Limited, PowerPac Mutiara Keraniganj Power Plant Ltd, PowerPac Mutiara Jamalpur Power Plant Ltd, Pacific Bangladesh Telecom Limited, Karnafuly Foods (Pvt) Limited, Murad Enterprise, CLC Power Company Limited, Beximco Communications Limited, and Rongdhanu Builders (Pvt) Ltd.
The finance minister said loans involving current Members of Parliament and their related entities total Tk 11,117.31 crore.
“It is to be noted that as per the directions of the court, the total amount of defaulted loans of Tk 3,330.08 crore has not been shown as defaulted,” he added.
Outlining steps to recover defaulted loans, the minister said the government is holding quarterly meetings with senior management of banks where classified loans exceed 10 percent to identify obstacles to recovery and resolve them.
He said progress in recovering loans from top defaulters is being reviewed at each bankers’ meeting organised by Bangladesh Bank.
The central bank has also formulated guidelines for resolving classified loans in banks with high default rates.
In addition, a policy has been introduced to identify wilful defaulters and take action against them under the Banking Companies (Amendment) Act.
Banks have been instructed to strengthen their legal departments and set targets to recover at least 1 percent of their defaulted loan balances in cash by June 30, 2026, using Alternative Dispute Resolution (ADR), the minister said.
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