A front page news report published by a local financial daily on August 4, represented in reality the authenticity of the popular saying: “You scratch my back; I scratch yours.” As reported, this is happening in many private commercial banks (PCB), where director of one PCB gets loan from another PCB, without any hassle or the necessary records needed for gurantee!
This seems to be happening quite frequently, has gotten the Bangladesh Bank quite worried. At the end of the first quarter (March 2012), this loan amount has reportedly reached the figure of Tk 8.23 billion or over Tk. 823 crore, of which  over ten percent (+80 crore taka) is now considered to be classified! Private bank directors are literally - and factually - “making hay while the sun shines”, and enjoying the windfall of cash at their disposal!
Apart from an easy source of loans, they also get procedural facilities as side benefits to get these loans, as the report revealed:
1. Loan requests of bank directors were accommodated quickly and fast!
2. Even if the amounts were large, loan request from one PCB director to a fellow PCB director of another bank was sanctioned without hesitation.
3. If such loans are defaulted, then the outstanding dues are rescheduled in a ‘live and let live’ way of a comfortable arrangement.
4. Finally, loans of up to taka ten million (one crore taka), can be taken by a PCB director from his bank without reference or approval of the central (BB) bank.
So it appears that should you need easy loan without any worry, then by hook or by crook become the director of a private commercial bank, and there will be large sums of loans at your disposal, and repayment will be as soft as you desire – of course, if and when you can!