The Bangladesh Bank has revealed staggering figures concerning Beximco Group's financial obligations, with total outstanding loans and liabilities amounting to Tk50,098 crore as of 30 November 2024.
The Maddhapara Granite Mining Company Ltd (MGMCL) finds itself in a dire financial situation as its sales continue to plummet throughout the current year.
More than 50% of this, Tk25,524 crore has already been classified as defaulted, while the remaining amount teeters on the brink of default, says the report ...
Now, the lender is suing Bowen and associates, alleging default on the note and asking for a foreclosure sale. It filed a lawsuit in Multnomah County Circuit Court in November against Bowen, ...