Money Market   Parameters Current Period Earlier Period Change   Average Call Money Rate 4.50% (Oct 23’19) 4.97% (Oct 16’19) 0.47%   Call Money Lending (Crore BDT) 7,006.30 (Oct 23’19) 8,933.30 (Oct 16’19) 21.57% Prices Weighted Average Deposit Rate 5.60% (Aug ’19) 5.60% (Aug ’19) 0.00% Weighted Average Lending Rate

Banks unwilling to reward good borrowers Only one bank out of the 57 operating here has so far offered incentives to its good borrowers in compliance with a Bangladesh Bank order. The order issued in March last year asked all scheduled banks to give its good borrowers 10 percent rebate

BB drafts law bringing NBFI depositors, like bank, under insurance scheme Bangladesh Bank has framed a draft of ‘Deposit Protection Act 2017’ bringing non-bank financial institutions, like the banks, under the deposit insurance scheme to protect the interest of depositors. The proposed act will replace the existing ‘Bank Deposit Insurance

Bangladesh spends Tk 500cr on printing currency Bangladesh has to spend around Tk 500 crore to print new currency notes and coins a year, a figure that may puzzle many people including policymakers. The expenses include costs of printing materials, paper, ink, colour and security thread. The costs have been

Suspend suspicious agents: BB Bangladesh Bank (BB) has asked 17 banks providing mobile financial services to suspend agents who are suspected of being involved in dubious transactions. The Bangladesh Financial Intelligence Unit (BFIU), the central bank’s anti-money laundering wing, gave the order on September 26. A BB official told The