Only one-fifth of written off loans recovered The banking industry has been able to recover only one-fifth of their written off loans in the last 14 years in what can be described as a spectacular backfire of the central bank policy introduced in 2003. The Bangladesh Bank introduced the policy

BB asks banks to reduce interest rates on lending The commercial banks have been advised to reduce interest rates on lending along with providing long term repayment facility to ship building industry, officials said. The central bank issued a circular letter in this connection Wednesday and advised the managing directors

State-owned banks to get capital replenishment The government decided to funnel money into seven state-owned banks (SoBs) again to meet their capital shortage to some extent. Officials said a decision to this effect came Sunday from a meeting at the ministry of finance with Finance Minister AMA Muhith in the

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 2.77% (May 09 ’18) 3.00% (May 03 ’18) 0.23% Call Money Lending (Crore BDT) 4,946.40 (May 09 ’18) 5,188.20 (May 03 ’18) 4.66% Prices Weighted Average Deposit Rate 5.30% (Mar ’18) 5.18% (Feb ’18) 0.12% Weighted Average Lending

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.64% (Jul 19 ’17) 3.68% (Jul 12 ’17) 0.04% Call Money Lending (Crore BDT) 5,873.00 (Jul 12 ’17) 5,893.00 (Jul 12 ’17) 0.34% Prices Weighted Average Deposit Rate 4.93% (May ’17) 4.97% (Apr ’17) 0.04% Weighted Average Lending