Loan Rescheduling – National, Islami in desperate bid National Bank and Islami Bank Bangladesh went on a loan reschduling spree in 2017, in what can be viewed as a stunning example of financial engineering to cover up their ailing financial health. Of the BDT 191.20 billion rescheduled by the 57

Three new banks on the horizon Approval for three new commercial banks is in the works at a time when the country’s banking sector is handicapped by financial irregularities and bad loans. Bangladesh Bank (BB) has completed the primary process for issuing licences to two new private banks — Bengal

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.61% (Mar 09 ’17) 3.56% (Mar 02 ’17) 0.05% Call Money Lending (Crore BDT) 5,881.00 (Mar 09 ’17) 6,744.00 (Mar 02 ’17) 12.80% Prices Weighted Average Deposit Rate 5.13% (Jan ’17) 5.22% (Dec ’16) 0.09% Weighted Average Lending

BB asks banks to keep ADCs open round the clock The central bank has asked the commercial banks to ensure round-the-clock operation of alternative delivery channels (ADCs) during the upcoming Eid-ul-Azha holidays in order to facilitate smooth transactions. The ADCs include ATM (automated teller machine), POS (point of sale), e-payment

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.48% (Oct 10 ’16) 3.54% (Sep 29 ’16) 0.06% Call Money Lending (Crore BDT) 5,654 (Oct 13 ’16) 5,310 (Oct 06 ’16) 6.48% Prices Weighted Average Deposit Rate 5.44% (Aug’16) 5.48% (Jul’16) 0.04% Weighted Average Lending Rate 10.24%