Staff Correspondent: Dhaka, Jul-25,
Anontex, largest customer of Janata Bank from apparel industry, has paid Tk 16.37 billion to the state-run bank as part of regularizing the default loan.
The garment conglomerate has loan worth of Tk 65
bilion with Janata Bank of which Tk 35 billion defaulted, according to official
source.
Banking sector insiders claimed that the volume of
defaulted loan will come down to Tk 100 billion if the loan of AnonTex become
regular.
Around 25 percent loans of Janata Bank is now
defaulted. When the loan of Anon Tex becomes regular, the ration will come down
to 18 percent.
Anon Tex has planned to repay Tk 870 million within
August as part of regularize the
default loan. Janata Bank will able to regular the defaulted loan after the
repayment as installment and down payment.
Janata Bank managing director Abdus Salam Azad said
the default loans of the state-run bank stood at Tk 135 billion of which 35
billion belongs AnonTex.
“When the AnonTex’s default loan worth of Tk 35
billion will regular, the default loan of Janata Bank will come down below Tk
100 billion,” Azad said.
AnonTex paid Tk 1.92 billion to Janata Bank in 2014,
Tk 2.36 billion in 2015, Tk 2.96 billion in 2016, Tk 3.42 billion in 2017 and
Tk 2.86 billion in 2018, official data shows. Despite widespread debate over
the loan, the apparel conglomerate paid Tk 860 million in 2019.
AnonTex managing director Mohammad Younus said that
every company of the group are in production despite the economic crisis by
corona pandemic.
He said the AnonTex Group has been playing a key
role in achieving the current government's job creation and export targets.
“AnonTex has employed 26 thousand people. We have
not reduced the salaries and allowances but increased the opportunities for the
officers and employees amid pandemic,” he said
Younus further mentioned that the conglomerate has
taken initiative to regularize all the loans of the bank through repayment and
rescheduling is also in the final stage.
He said the AonTex factory uses state-of-the-art machineries from the United States, Germany and Switzerland. If the companies are in production for the next five years, all the loans of the bank will be repaid, the AnonTex boss hoped.
