FROM PAGE B1

recovered a good amount of default loans last year.

BB data showed that 47 per cent of the defaulted loans were with the nine state-run banks.

NPLs in the state-run banks rose 6 per cent year-on-year to Tk 48,968 crore last year.

Forty-one private commercial banks held defaulted loans of Tk 51,521 crore, up 28 per cent from a year ago. The NPLs in nine foreign banks increased to Tk 2,785 crore in contrast to Tk 2,038 crore.

Five lenders that saw the sharpest spike in default loans are National Bank, Agrani, Rupali, IFIC, and UCB.

Mohammad Shams-Ul Islam, managing director of Agrani Bank, said that classified loans at the bank rose by 20 per cent last year.

BB data, however, showed that NPLs at the bank stood at Tk 7,756 crore last year in contrast to Tk 5,859 crore the year before, an increase of 32 per cent.

Islam explained that the actual default loans at Agrani Bank increased to Tk 6,472 crore in 2020 after the completion of the audit carried out by the BB.

The ratio of classified loans at the bank is still lower among the state-owned commercial banks, he said.