Bangladesh Bank spokesperson Arif Hossain Khan confirmed on Tuesday that the wife of Islami Bank Chairman Khurshid Alam has defaulted on a loan taken under her company’s name from First Security Islami Bank. The loan, amounting to 30 million taka, has remained unpaid for a long period. However, there is no loan registered under Khurshid Alam’s own name.

The report indicates that the defaulted loan is tied to the wife’s business entity, but it remains unclear whether Khurshid Alam acted as a guarantor for the loan. The disclosure comes amid broader concerns over rising non-performing loans in Bangladesh’s banking sector.

Bangladesh Bank data show that defaulted loans have increased by 310 billion taka over the past three months, reflecting growing pressure on the financial system.