Bangladesh

56 state-run institutions owe Tk51,391cr to commercial banks: FinMin


The minister said of the state-run institutions, the Bangladesh Agricultural Development Corporation (BADC) has the most dues, amounting to Tk15,550 crore

TBS Report

24 June, 2024, 06:50 pm

Last modified: 24 June, 2024, 07:10 pm

TCB, Biman Bangladesh Airlines and the BADC owe a huge thousands of crores of taka to commercial banks. Photo Collage: TBS

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TCB, Biman Bangladesh Airlines and the BADC owe a huge thousands of crores of taka to commercial banks. Photo Collage: TBS

At least 56 state-owned institutions owe a staggering Tk51,391.89 crore to the country’s commercial banks, Finance Minister Abul Hassan Mahmood Ali told the parliament today (24 June).

Responding to a written question from MP Morshed Alam in this regard during the budget session of the parliament, the minister said of the state-run institutions, the Bangladesh Agricultural Development Corporation (BADC) has the most dues, amounting to Tk15,550 crore.

Besides, he said the state-run sugar mills owe the banks Tk7,813 crore; fertiliser, chemical and pharmaceutical institutions owe Tk7,250 crore; the Trading Corporation of Bangladesh owes Tk5,018 crore; and the Biman Bangladesh Airlines owe Tk4,441 crore.

Speaker Dr Shirin Sharmin Chowdhury chaired the session.




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