Bangladesh Bank has announced an 18-month strategic plan aimed at resolving the country's growing non-performing loan (NPL) crisis.
The central bank's governor outlined the initiative as a comprehensive effort to clean up balance sheets and restore stability to the financial system.
Previous measures taken by the central bank against specific banks and employees were noted as falling within legal powers but insufficient to address deeper structural imbalances.
The strategy emphasizes close coordination among multiple government bodies, including the Ministry of Finance, the judiciary, the National Board of Revenue (NBR), and the Bangladesh Financial Intelligence Unit (BFIU).
This multi-agency approach signals a shift toward a more integrated enforcement mechanism for debt recovery.
Previous measures taken by the central bank against specific banks and employees were noted as falling within legal powers but insufficient to address deeper structural imbalances.
Those earlier actions did not fully resolve the underlying issues driving exchange-rate volatility and credit quality deterioration.