It found that bad debts grew faster than credit in the last five years. “Our banking sector is growing fast. “The issue they face is non-performing loans; this is a major problem (for the banking sector) in this country,” added Muhith. The finance minister told the Norfund representatives the government is focused on creating skilled manpower, generating power and energy, and developing physical infrastructure. Bangladesh targets to eradicate poverty by the next six years, Muhith told the meeting attended by Norwegian Ambassador Sidsel Bleken.

Source: bd News24 January 22, 2018 14:15 UTC