BB cuts ADR to curb banks’ hefty lending The Bangladesh Bank (BB) slashed the limit of advance-deposit ratio (ADR) on Tuesday to help check any possible liquidity pressure on the market due to the banks’ ‘aggressive’ lending. The ADR is re-fixed at 83.50 per cent for all the conventional banks

Bangladesh Bank intensifies US dollar purchase from banks The central bank has intensified further the buying of US dollar from banks to keep the inter-bank foreign exchange market stable ahead of the Eid-ul-Fitr festival, officials said. Under the latest move, the Bangladesh Bank (BB) bought USD 50.0 million from four

Lending rates move closer to single-digit Banking lending rates have come down closer to single-digit rate following declining deposit rates in August, according to Bangladesh Bank. Average lending rates of all banks stood at 10.24% in August 2016 against 11.51% one year ago while weighted average deposit rates of all

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 5.09 % (Feb 20’20) 5.07 % (Feb 13’20) 0.02 % Call Money Lending (Crore BDT) 2,452.52 (Feb 20’20) 2,833.35 (Feb 13’20) 13.44 % Prices Weighted Average Deposit Rate 5.70% (Feb ’20) 5.71% (Feb ’20) 0.01% Weighted Average Lending

Dhaka Bank, Pakiza Group ink deal Dhaka Bank Ltd and Pakiza Group recently signed an agreement for project finance of Tk 2,735.19 million at the Dhaka Bank Corporate Office. Syed Mahbubur Rahman, Managing Director and CEO of Dhaka Bank Limited and Rafiqul Islam Khan, Chairman of Pakiza Group inked the