Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.58% (Aug 9 ’17) 3.60% (Aug 2 ’17) 0.02% Call Money Lending (Crore BDT) 7,936.00 (Aug 9 ’17) 7,214.00 (Aug 2 ’17) 10.01% Prices Weighted Average Deposit Rate 4.84% (Jun ’17) 4.93% (May ’17) 0.09% Weighted Average Lending

Banks now to get cheaper BB funds Bangladesh Bank has made funds cheaper for all banks by reducing its repo rate by 75 basis points to 6 percent. The decision was made yesterday, a couple of days after the BB slashed the cash reserve requirement or CRR by one percentage

Private investment grows by Tk 1,22,000 crore The demand for private loans is on the rise this year, far surpassing the central bank’s target. Till September this year, the banking sector issued additional loans in the amount of Tk1,22,650 crore over loans issued in the same period last year. Private

BB orders surveillance on terror financing The central bank directed commercial banks to put up a close watch so that no one can use the banking channel for terror financing both at home and abroad. Such a strict instruction came from a conference of chief anti-money laundering compliance officials, generally

Britain’s FCA fines Sonali Bank UK branch $4.04m Bangladesh’s Sonali Bank’s UK branch has been fined £3.25 million (US $4.04 million) for anti-money laundering failings. Britain’s Financial Conduct Authority (FCA) slapped the fine on the state owned bank of Bangladesh for its failures in anti-money laundering controls. Sonali Bank (UK),