Credit growth
Credit growth slips to 14-month low
Private sector credit growth in Bangladesh dropped to a 14-month low of 11.23 per cent in April owing to weak credit demand amid the current business slowdown, official figures showed.
Demand for loans falls to 12-month low
Private sector credit growth in Bangladesh slipped to a 12-month low of 12.03 per cent in March, a development that may hurt GDP growth and job creation.
Forex volatility costs large firms Tk 65,000cr
Bangladesh’s conglomerates have lost Tk 65,000 crore over the past one year because of the fluctuation of the value of the taka against the US dollar as loans have become costlier due to the volatile global economy, said a noted economist yesterday.
Credit growth target upped for January-June
The Bangladesh Bank today raised its domestic credit growth target by 30 basis points to 18.5 per cent for the second half of 2022-23 in order to allow higher government expenditures.
Credit growth slips to 14-month low
Private sector credit growth in Bangladesh dropped to a 14-month low of 11.23 per cent in April owing to weak credit demand amid the current business slowdown, official figures showed.
Demand for loans falls to 12-month low
Private sector credit growth in Bangladesh slipped to a 12-month low of 12.03 per cent in March, a development that may hurt GDP growth and job creation.
Forex volatility costs large firms Tk 65,000cr
Bangladesh’s conglomerates have lost Tk 65,000 crore over the past one year because of the fluctuation of the value of the taka against the US dollar as loans have become costlier due to the volatile global economy, said a noted economist yesterday.
Credit growth target upped for January-June
The Bangladesh Bank today raised its domestic credit growth target by 30 basis points to 18.5 per cent for the second half of 2022-23 in order to allow higher government expenditures.
