Why a banking crisis is brewing in Bangladesh

Behind the positive headlines and impressive growth, crony capitalism is pushing non-performing loans towards unsustainable levels.
Sheik Hasina
Sheik Hasina

It is recording the highest growth rate in Asia, but Bangladesh’s boom is fuelling the same kind of banking bust that precipitated the Asian Financial Crisis say fund managers and local analysts.

¬ Haymarket Media Limited. All rights reserved.

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