The banking sector in Bangladesh, once facing a liquidity crisis, is now seeing a surplus, holding Tk 1.90 lakh crore in excess liquidity, according to the Bangladesh Bank (BB). This shift is being attributed to a rise in depositor confidence following the recent political changes in the country. Despite the renewed trust,
Tag: excess liquidity
Banks sit on excess liquidity worth Tk 250,000 crore
Experts blame Covid-19 for poor investment The country’s commercial banks are holding together a total of Tk 250,000 crore in excess liquidity until end of March this year amid a prolonged Covid-19 pandemic, sources at the Bangladesh Bank said. BB officials said since the pandemic hit Bangladesh last March, trade and commerce