With the high rate of non-performing loans (NPLs) being a major challenge for the banking sector, just 25 of the 61 commercial banks in Bangladesh are managing to keep their NPL rates below 5 percent.
DHAKA: The Bangladeshi government was likely to continue trade with Moscow, experts said on Friday, after Dhaka’s announcement that it would try “alternative measures” in the face of international sanctions following Russia’s invasion of Ukraine. Russia is one of Bangladesh’s main trading partners and its biggest supplier of wheat and fertilizer. It also has a major presence
Excess liquidity falls after 8 months
Excess liquidity in the banking industry that ballooned because of pandemic-induced lower credit demand and an injection of funds under a massive stimulus package fell in January, the first time in eight months.
The surplus liquidity stood at Tk 204,070 crore as of January in contrast to Tk 204,700 crore a month ago.
The excess fund, however, surged 97 per cent in January compared to the same month a year ago, when the amount stood at Tk 103,358 crore.
The Daily Star talked to four managing directors of banks and the CEO of a non-banking financial institution to know why the excess liquidity had narrowed.