Dhaka, May 4 -- An internal Bangladesh Bank (BB) document has revealed significant exposure of the country's banking sector to high-risk of defaulted loans linked to six major business conglomerates.

The confidential analysis highlights widespread vulnerabilities across multiple banks, raising concerns over asset quality and risk management in the financial sector.

The document, titled "Selected Lead Banks, Impacted by Six Groups", categorises affected financial institutions based on their exposure to non-performing loans associated with six business groups. The groups or individuals identified are: Saifuzzaman Chowdhury, S Alam, Beximco, Sikdar, Nassa and Orion.

According to the data, Islami Bank Bangladesh PLC appears in five of the ...