Businesses are plagued by various crises.

Many entrepreneurs have fallen into the debt trap by investing in industrial institutions and businesses with bank loans. Due to successive political unrest, labor unrest, the impact of the global pandemic Corona, the Russia-Ukraine war, the increase in interest rates on bank loans, the electricity and gas crisis, and inflation, many businessmen have defaulted on their loans one after another.

Some unscrupulous businessmen have deliberately defaulted on their loans by investing or embezzling the loan money elsewhere. Honest and genuine businessmen are in danger because of these dishonest and inefficient businessmen. On the other hand, banks have also become sick due to the huge amount of loans taken from banks during the Awami League government, which were not invested in the country, but were embezzled and laundered abroad.

In such a situation, business leaders have called on the government and banks to stand by honest and genuine businessmen. According to the central bank, defaulted loans doubled in the first 9 months of last year. At the end of last September, defaulted loans stood at Tk 2,84,977 crore. This is about 17 percent of the total loans in the banking sector.

The latest report of Bangladesh Bank states that the loan amount of financial institutions at the end of September 2024 was Tk 73,663 crore. Of this, Tk 26,163 crore has defaulted, which is 35.52 percent of the total loan disbursed. Three months ago, i.e. until last June, the amount of defaulted loans was Tk 24,711 crore or 33.15 percent.

In last December, the defaulted loan was Tk 21,567 crore or 29.27 percent. Accordingly, in a span of 9 months, the defaulted loan has increased by Tk 4,596 crore or 21.31 percent. On the other hand, the amount of unpaid or bad loans increased to Tk 22,402 crore at the end of last September, which is 85.63 percent of the total defaulted loan. In last June, this loan amount was Tk 21,333 crore or 85.11 percent.