Loans historically cheap, but not many takers Loans in many categories have now come down to a historical low of single digits, playing into businesses’ hands — and yet the demand for credit and investment is not picking up. Be it term loan, corporate loan, home loan or working capital,

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.54% (Nov 24 ’16) 3.59% (Nov 17 ’16) 0.05% Call Money Lending (Crore BDT) 5,575.25 (Nov 24 ’16) 4,728.50 (Nov 17 ’16) 17.91% Prices Weighted Average Deposit Rate 5.39% (Sep ’16) 5.44% (Aug ’16) 0.05% Weighted Average Lending

Bad loans jump to BDT 541.7 billion in 9 months Bad loans, the worst types of defaulted loans, in the country’s banking sector increased by 24.57% to BDT 541.7 billion in the first nine months of this year because of the scheduled banks’ failure in recovering classified loans amid a

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.52% (Jan 05 ’17) 3.73% (Dec 28 ’16) 0.21% Call Money Lending (Crore BDT) 4,386.20 (Jan 05 ’17) 3,616.25 (Dec 28 ’16) 21.29% Prices Weighted Average Deposit Rate 5.29% (Nov ’16) 5.33% (Oct ’16) 0.04% Weighted Average Lending

Bangladesh Bank opposes plan to amend banking law Bangladesh Bank yesterday opposed the finance ministry’s move to amend the banking law, which has restricted the tenure of a director to six years. Bangladesh Association of Banks in October last year demanded the director’s tenure be extended to 10-15 years. The