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Western Marine Shipyard controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2021

    Bank Asia loan-recovery proceedings

    Bank Asia initiated legal proceedings to recover a classified loan reported at Tk505.90 crore. The final outcome is not stated in the available reference material.

  2. 2017

    Loan-default listing

    Bangladesh's finance minister identified Western Marine Shipyard among the country's top twenty loan defaulters. The company later rescheduled defaulted loans with two banks and reportedly began regular repayments.