Bad loans jump to BDT 541.7 billion in 9 months Bad loans, the worst types of defaulted loans, in the country’s banking sector increased by 24.57% to BDT 541.7 billion in the first nine months of this year because of the scheduled banks’ failure in recovering classified loans amid a

Credit growth exceeds MPS target Private sector credit growth rose sharply to 14.8% in the first month of current year surpassing the three year’s high of 14.2% growth achieved in December last. The new height of growth touches the credit ceiling of 14.8% set for June in the latest Monetary

Call money rate falls to record low amid tepid demand The call money rate has plummeted to a record low, indicating the market is flush with liquidity with hardly any demand for credit. Data shows the weighted average call money rate was 8.16% in 1997, which came down to 7.37%

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.49% (Oct 05 ’16) 3.54% (Sep 29 ’16) 0.05% Call Money Lending (Crore BDT) 5,310.00 (Oct 06 ’16) 5,390.00 (Sep 29 ’16) 10.46% Prices Weighted Average Deposit Rate 5.44% (Aug ’16) 5.48% (Jul’16) 0.04% Weighted Average Lending Rate

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.48% (Oct 10 ’16) 3.54% (Sep 29 ’16) 0.06% Call Money Lending (Crore BDT) 5,654 (Oct 13 ’16) 5,310 (Oct 06 ’16) 6.48% Prices Weighted Average Deposit Rate 5.44% (Aug’16) 5.48% (Jul’16) 0.04% Weighted Average Lending Rate 10.24%