Recovery of industrial term loans jumped by 24.65 per cent in the first nine months of the past fiscal year, according to the latest statistics released by the central bank.
It showed that banks and financial institutions recovered Tk 506.71 billion in July-March period of FY18 from their industrial clients.
The amount was Tk 406.49 billion in the same period of FY17.
Bangladesh Bank data also showed that industrial credit recovery dropped in the third quarter (Q3) of the past fiscal year to Tk 165.19 billion from Tk 186.39 billion in Q2.
Again, the recovered amount of industrial credit reached Tk 155.13 billion in the Q1 of the past fiscal year.
