Private lenders outperform others Local private banks saw their credit growth accelerate in comparison to state and foreign banks due to the race for making more profit than others. The credit growth of private banks, whose share in the total credit comes to 72.48 percent, accelerated 18.13 percent year-on-year on

Hacking in BB again, no damage done The e-mail ID of Bangladesh Bank (BB) has been hacked and false mail sent to different commercial banks using the Central Bank’s mail ID, sources said. Executive Director of BB Subhankar Saha told media that they have got a suspicious mail on Monday

No of mobile subscribers rise for 2nd month after June-August setback The number of active mobile subscribers rose for the second month in October with telecom operators adding 0.9 million users in the month as the issue of biometric re-registration of SIM settled down, said BTRC officials. The total number

BB plans cut in ADR as credit growth overshoots target The central bank has planned to slash the limit of advance-deposit ratio (ADR) to help check any possible liquidity pressure on the market due to ‘aggressive lending.’ The ADR of all banks is likely to be re-fixed at 80.50 per

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 4.61% (Aug 21’19) 4.57% (Aug 14’19) 0.88 % Call Money Lending (Crore BDT) 3,544.88 (Aug 21’19) 4,027.45 (Aug 14’19) 11.99% Prices Weighted Average Deposit Rate 5.43% (Aug 01’19) 5.46% (Jul 18’19) 0.55% Weighted Average Lending Rate 9.58% (Aug