Dhaka, July 8 -- Modernizing trade finance operations and improving asset quality are essential to ensuring sustainable banking in Bangladesh, experts said at a workshop held at Bangladesh Institute of Bank Management (BIBM) on Wednesday.

According to the BIBM study, the NPL rate specifically related to trade finance in troubled banks currently hovers between 40 and 50 percent. More alarmingly, in banks that already suffer from high overall NPLs alongside substantial trade exposure, the trade-specific default loan rate exceeds 80 percent.

Islami Bank customer forum announces fresh protests demanding restoration of previous ownership

Senior bankers, policymakers, regulatory officials, and researchers noted that trade finance portfolios ...