Bangladesh’s defaulted loans have surged to Tk 4.20 trillion as of March 2025, up from Tk 3.45 trillion in December 2024 — a sharp rise of Tk 74,570 crore in just one quarter. The increase is largely tied to questionable loans disbursed under the previous government, with several banks now revealing the true extent of unpaid loans. Islami Bank, First Security Islami Bank, Global Islami Bank, Union Bank, and Social Islami Bank saw notable spikes. Currently, 24.13% of total bank loans are classified as defaulted.