Internet Edition. July 3, 2008, Updated: Bangladesh Time 12:00 AM 
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BSB recovers Tk 98cr loan during fiscal 2007-08



Bangladesh Shilpa Bank (BSB) has recovered about Tk 98 crore loan during the fiscal 2007-08 which was eight percent higher than the recovery target.BSB Managing Director M Mizanur Rahman revealed this figure Wednesday, said a press release. During the period, the bank sanctioned loan of Tk 56.23 crore to 19 projects, which will create employment opportunities for about 1040 persons. It also disbursed loan amounting to Tk 37 crore against 43 projects. At the same time, 20 projects liquidated their loan accounts with the Bank. The bank repaid about Tk 58.48 crore to Bangladesh Bank, Bangladesh government and other agencies toward Debt Service Liability (DSL).

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