Provision against unclassified credit card loans relaxed The central bank has lowered the ceiling of general provision against all unclassified credit card loans to 2% from 5%. Bangladesh Bank issued a circular in this regard on Sunday for all scheduled banks across the country. The circular will come into force with an

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 4.56% (Jun 19’19) 4.55% (Jun 12’19) 0.01% Call Money Lending (Crore BDT) 6,457.68 (Jun 19’19) 5,997.23 (Jun 12’19) 7.68% Prices Weighted Average Deposit Rate 5.42% (Jun 20’19) 5.42% (Jun 13’19) 0.00% Weighted Average Lending Rate 9.46% (Jun 20’19)

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.56% (Mar 02 ’17) 3.53% (Feb 23 ’17) 0.03% Call Money Lending (Crore BDT) 6,744.00 (Mar 02 ’17) 6,706.00 (Feb 23 ’17) 0.57% Prices Weighted Average Deposit Rate 5.13% (Jan ’17) 5.22% (Dec ’16) 0.09% Weighted Average Lending

Exports exceed target, fetch $30.9b in nine months Earnings from the country’s merchandise exports in the first nine months of the current fiscal year (FY), 2018-19, increased to US$ 30.90 billion, registering a modest growth of about 13 per cent over the same period of the previous fiscal. The country

Govt shows GDP grew by record 7.86pc in FY18, experts doubt Bangladesh’s gross domestic product growth hit record 7.86 per cent, beating the provisional estimation by 0.21 percentage points, in the past fiscal year of 2017-2018, according to the final calculation done by Bangladesh Bureau of Statistics. BBS in its