Bangladesh Bank cuts mobile banking ceiling to check scams The central bank cut down transaction ceiling on mobile banking to check illegal financial operations through misusing the quick-fire mobile financial services (MFS). Under the restricted provisions, daily maximum transaction limit on cash-in came down to BDT 15,000 from BDT 25,000

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 4.53% (May 22’19) 4.53% (May 15’19) 0.00% Call Money Lending (Crore BDT) 4,534.35 (May 22’19) 5,434.51 (May 15’19) 16.56% Prices Weighted Average Deposit Rate 5.42% (May 23’19) 5.30% (May 16’19) 0.12% Weighted Average Lending Rate 9.46% (May 23’19)

Bangladesh’s banking sector faces some pressures: BB The central bank of Bangladesh sees the banking sector faced some pressures from asset quality, particularly in the state owned banks, and tighter liquidity in some of the fourth generation private banks. The gap between credit and deposit growths in a low interest

Banks asked to help flood-hit people Bangladesh Bank on Wednesday requested all banks and non-bank financial institutions to extend their assistance for rehabilitation of the flood affected people under the corporate social responsibility programme. The BB issued a circular to managing directors and chief executive officers of all banks and

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 5.06 % (Feb 06’20) 5.04 % (Feb 02’20) 0.02 % Call Money Lending (Crore BDT) 5,790.69 (Feb 06’20) 5,108.25 (Feb 02’20) 13.36% Prices Weighted Average Deposit Rate 5.70% (Dec ’19) 5.71% (Nov ’19) 0.01% Weighted Average Lending Rate