Industrial loan recovery surges 

Dhaka,  Wed,  23 August 2017
Published : 13 Jul 2017, 13:54:26

Industrial loan recovery surges 

FE Online Report
Recovery of industrial term loans increased by 14.65 per cent during the first nine months of FY17, according to the latest statistics of the central bank.

It showed that loans worth Tk 406.49 billion were recovered in July-March period of the past fiscal year.

The recovery was Tk 354.53 billion in the first nine months of FY16.

Third quarter (January-March) of FY17 showed the largest recovery in the last seven quarters. 

Industrial loans worth Tk 145.47 billion were recovered in the third quarter of the past fiscal year.

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