Since its start, the bank has loaned 347.75 billion taka (USD 6.55 billion). 313.11 billion taka (USD 5.87 billion) has been repaid. The bank says 98.35% of loans are repaid. In 1998, 95% of loans were repaid. However, many critics doubt this recovery rate and the definition that Grameen uses to come up with this rate.