Dhaka, Bangladesh (BBN) – The central bank of Bangladesh has increased advance-deposit ratio (ADR) limit by 2.0 percentage points to help all the scheduled banks for implementation the ongoing stimulus package through investing more in different sectors.
The ADR has been re-fixed at 87 per cent for all the conventional banks and at 92 per cent for the Shariah-based Islami banks. The existing ratios are 85 per cent and 90 per cent respectively.
The revised ADR limit will come into effect from April 15, according to a notification, issued by the Bangladesh Bank (BB) recently.
On April 05, Prime Minister Sheikh Hasina announced a financial package of BDT 727.5 billion, including the previously announced BDT 50 billion, in efforts to face corona’s impact on the economy.
BBN/SSR/AD
