May 19, 2013 | 04:24 PM (BD Time)

19 May, 2013 Sunday

Breaking News:

22 state-owned cos facing Tk. 33,282 cr credit crunch

. banglanews24.com, Dhaka

The total loan amount of 22state-owned companies has stood at Tk. 33,282 crore till December, 2011. Ofthem, the amount of default loans stood at Tk. 333.16 crore, says Bangladesh Banksource.

According to the informationprovided by BB, of the 22 companies, Bangladesh Petroleum Corporation (BPC) isfacing Tk. 16,987 crore credit crunches alone.

The other companiesare-Bangladesh Chemical Industries Corporation (BCIC), Power Development Board,Bangladesh Agriculture Development Corporation (BADC), Bangladesh Sugar andFood Industries Corporation (BSFIC), Bangladesh Jute Mills Corporation (BJMC),Trading Corporation of Bangladesh (TCB), BOGMC, BANGLADESH Steel andEngineering Corporation (BSEC), Bangladesh Textile Mills Corporation ( BTMC),Bangladesh Water Development Board ( BWDB), Dhaka WASA, Dhaka Electric SupplyAuthority (DESA), Bangladesh Road Transport Corporation (BRTC), BangladeshShipping Corporation ( BSC), BBC, Bangladesh Tourism Board (BTB), RuralElectrification Board (REB), Bangladesh Small and Cottage IndustriesCorporation (BSCIC), BFFWT, and Film Development Corporation (FDC).