Bangladesh now has the highest non-performing loan (NPL) ratio in Asia, with defaults surging to 20.2 percent of total loans in 2024, according to a new Asian Development Bank report.

Despite repeated warnings, no effective measures have been taken to rectify the poor governance.

Resilience in the banking sector will be affected significantly if the top three borrowers default on their loans, as per the financial stability assessment report of the Bangladesh Bank.

Time for govt to change its policy towards habitual defaulters