Business Desk :
As the non-performing loan (NPL) is increasingly becoming a matter of concern for the banking sector, some bankers are in favour of taking more resolute measures to manage the huge amount of NPL for maintaining the pace of investment flow.
“We should take effective steps soon to bring down the NPL to a tolerable level,” managing director of the Southeast Bank Limited (SEBL) M Kamal Hossain told.
He said ensuring asset quality should be the first things to consider sanctioning of loans.
According to Bangladesh Bank’s latest data, the amount of NPL soared to Taka 734.09 billion during the January-March period from Taka 621.72 billion in the preceding quarter. M Kamal Hossain said bankers should enhance monitoring of their customers and provide them with advices on business, if necessary, so they can make profit through investments.
“If any customer faces losses, banks should give the customer concerned scopes for overcoming the losses so that they can repay the loan,” he added. He also underscored the need for developing a healthy banking system by analyzing their customer status properly while processing loan.
As the non-performing loan (NPL) is increasingly becoming a matter of concern for the banking sector, some bankers are in favour of taking more resolute measures to manage the huge amount of NPL for maintaining the pace of investment flow.
“We should take effective steps soon to bring down the NPL to a tolerable level,” managing director of the Southeast Bank Limited (SEBL) M Kamal Hossain told.
He said ensuring asset quality should be the first things to consider sanctioning of loans.
According to Bangladesh Bank’s latest data, the amount of NPL soared to Taka 734.09 billion during the January-March period from Taka 621.72 billion in the preceding quarter. M Kamal Hossain said bankers should enhance monitoring of their customers and provide them with advices on business, if necessary, so they can make profit through investments.
“If any customer faces losses, banks should give the customer concerned scopes for overcoming the losses so that they can repay the loan,” he added. He also underscored the need for developing a healthy banking system by analyzing their customer status properly while processing loan.
