Deposit growth in the banking sector slowed to 8.21 percent in April, down from 8.51 percent in March, despite a slight rise earlier. The central bank's figures show deposit growth was 7.89 percent in February and 8.28 percent in January. Senior officials at Bangladesh Bank and economists, however, say several factors are behind the slow deposit growth. “When businesses and entrepreneurs borrow less from banks, deposit growth naturally slows,” he told bdnews24.com. Another senior official at the central bank said rising unemployment is also affecting deposit growth.

Source: bd News24 June 05, 2025 04:57 UTC