মহানবী (সা.) যেভাবে মানবজাতির জন্য রহমতস্বরূপ

 

Central Bank policy responsible for hiking default loans

 Staff Reporter

Mohammad Hatem, president of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), has alleged that policy decisions by the government and Bangladesh Bank are fueling the increase in default loans.

He said that instead of supporting businesses that need assistance, important facilities are being withdrawn, which naturally leads to an increase in default loans. He made these remarks on Wednesday in an interview with Bangladesh Pratidin.

Hatem explained that although Bangladesh Bank previously offered support policies for defaulters, these were applied to only a few institutions. Later, such facilities were withdrawn or left to the banks’ discretion. Now, banks are unwilling to reschedule loans. “How are businesses supposed to operate under these conditions?” he questioned.

He added that if businesses cannot continue operations, repaying loans becomes impossible. Hatem also claimed that banks are now charging interest rates of 15–16%. While many borrowers pay regular installments, the principal often remains unchanged, with banks taking only the interest portion.

Hatem warned that if the situation continues, default loans will rise further, and he primarily blamed Bangladesh Bank’s policies for this.