Classified loans of four SOBs up by Tk 1076.80cr in Q2
October 30, 2008
The classified loans of four state-owned commercial banks went up by Tk 1076.80 crore or 1.87 per cent in the April-June period this year, despite various government steps for reducing the amount, Bangladesh Bank sources said.
Bangladesh Bank governor Saleh Uddin Ahmed will hold a meeting with managing directors of the four state-owned banks on Monday at the central bank head office to review the situation and take measures for reducing the huge classified loan amount.
The central bank in its financial analysis reports showed that the classified loans have increased to Tk 15289.37 crore or 32.37 per cent till June 2008 from Tk 14212.57 crore or 30.50 per cent in March, 2008. Among the total loan amount of Tk 47383.05 crore, the classified loans figure of four SoBs was Tk 14212.57 crore in March.
In June 2008, the classified loan amount of four SOBs was Tk 15289.37 crore against the total loan amount of Tk 46142.75 crore .
The classified loan figure of Sonali Bank went up to 44.35 from 36.09 per cent in the period while the amount of Janata Bank declined to 15.99 per cent from 16.48 per cent and Rupali Bank decreased to 39.34 per cent from 40.25 per cent. The figure of Agrani Bank increased to 29.79 per cent from 29.17 per cent.
In CAMELs rating, Janata Bank was performing fairly while the Sonali, Agrani and Rupali were performing marginally.
The capital deficits of four SoBs were — Sonali Bank Tk163.92 crore, Janata Bank Tk 48.53 crore, Agrani Bank 0 and Rupali Bank (minus) Tk 25.26 crore
Source: New Age
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