Amount of default loan declined: Minister
Published : Monday, 22 July, 2019 at 8:04 PM Count : 448
Claiming that the amount of default loan has been reduced slightly this year, Finance Minister AHM Mustafa Kamal on Monday said action would be taken soon against those who have borrowed loan from banks unethically.
The minister told journalists after a meeting with the MDs and CEOs at the Secretariat.
"The amount of total default loan in the country’s banks and financial institutions has been decreased to some extent in 2019 than that of previous year," he said.
The government has taken various initiatives to realise the defaulted loan, the minister added.