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Bangladesh Economy

Awami League's Looting Leaves Banking Sector Deep in Crisis, Bad Loans Surge

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1Nojor Desk
  • 30 May 25
  • 10:32 AM

The banking sector in Bangladesh is facing a severe crisis due to unprecedented looting under the previous Awami League government. Defaulted loans have soared to 20%, with predictions of reaching 35%. Rampant embezzlement and money laundering have led to a liquidity crisis, falling income, rising non-performing assets, and worsening capital adequacy. Eleven banks earned no returns on assets in the last quarter, while 82% of loans have become unrecoverable. Experts stress the need for urgent reforms to restore stability and confidence.

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Jugantor 30 May 25

Impact of Awami League’s Looting Leaves Deep Scars on Banking Sector

The Bangladeshi banking sector is reeling from the devastating consequences of unprecedented looting during the tenure of the now-ousted Awami League government. As time passes, the severity of the damage becomes increasingly visible. Rampant embezzlement disguised as loans and large-scale capital flight have triggered a severe liquidity crisis in the banking industry.

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