90% of the bankers believe that, takeover loans already increasing the risk factors in the Banking Sector. 50% believe that, this will lead to even dangerous situation in the future. Bangladesh Institute of Bank Management (BIBM) reported this, at their “Loan Takeover in Bangladesh: Is it a healthy practice?” – tilted round-table seminar, on yesterday. Their report also mentioned that, recently there had been of too many loan takeovers. Till June 2017, 4,339 crores taka worth loans were taken-over from the initial collector. A trend of unhealthy competition has emerged among the banks. That is to give loans without proper verification. Former Deputy Governor of Bangladesh Bank Khondoker Ibrahim Khaled said that, many culprits have entered the high-ranks of the banking sector. Some even opened their own banks with their black-money. Thus, many bankers are forced to give away loansout of fear, of losing their jobs.Meantime he suggested all the conscious bank employees that, they could anonymously leak the information about administrative corruption & irregularities, to the media. It may not solve all the problems. But, most of the past issues had been sorted, due to the journalist involvements.
Translated by: Eshan Maitra