A major loan fraud has been uncovered in five merged Islamic banks in Bangladesh, where 75 percent of loans were issued without collateral. The banks—Exim, Social Islami, First Security Islami, Union, and Global Islami—distributed loans without meeting minimum requirements, leading to massive defaults and failure to repay depositors. The government merged the banks into a new entity, Sammilit Islami Bank, after depositors faced losses. Around Tk 4,000 crore has already been paid to customers from the deposit insurance fund.
According to Bangladesh Bank data, as of December, the five banks had total loans of Tk 1.95 trillion, with collateral covering only 24.56 percent. Defaulted loans reached Tk 1.705 trillion, or 87.43 percent of total loans. The S. Alam Group alone took Tk 1.016 trillion, more than half of total loans, mostly without collateral. Former BAB chairman Nazrul Islam Majumder’s firms borrowed Tk 17.96 billion. Officials said bank insiders aided the process by overvaluing collateral.
The interim government formed Sammilit Islami Bank with Tk 35,000 crore paid-up capital, including Tk 20,000 crore from the state. However, uncertainty over the return of previous owners and lack of clear government communication have renewed depositor anxiety.
রোহান রাজিব প্রকাশ : ১৮ মে ২০২৬, ০৮: ৩৮আপডেট : ১৮ মে ২০২৬, ০৯: ৪৪ জামানত ছাড়া বড় ধরনের ঋণ জালিয়াতির ঘটনা ঘটেছে একীভূত হওয়া পাঁচ ইসলামী ব্যাংকে। এই পাঁচ ব্যাংকের ৭৫ শতাংশ ঋণের বিপরীতে কোনো জামানত নেই। ব্যাংকগুলো ন্যূনতম শর্ত পূরণ ছাড়াই ঋণ বিতরণ করেছিল
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