Dhaka, Bangladesh (BBN)- The central bank of Bangladesh on Wednesday said the rate of default loans in the banking sector now stands at its lowest level.
“The rate of default loans in the baking sector is now 6.12 percent,” a senior official of the Bangladesh Bank (BB) said, adding that the banking sector saw 20 percent growth in deposit while lending 15 percent in the last one year.
The amount of deposit stood at BDT 9.46 billion in the last seven days while the credit growth registered BDT 16.50 billion during the period, according to the central bank statistics, released on Wednesday.
The central bankers said the liquidity situation in the banking sector is almost normal.
BBN/SSR/AD-28Mar12-11:40 pm (BST)
