Bank deposits mark second-highest growth in 18 months

Bank deposits in Bangladesh surged by 9.98 per cent year-on-year (YoY) at the end of September 2025, achieving the second-highest growth rate recorded over the past 18 months.
This strong performance signals a steady return of public confidence in the banking sector following months of stagnation, reports BSS.
The impressive September figure follows an even higher 10.02 per cent increase in August, which was the highest growth rate seen in 17 months.
Before this positive trend started in August, deposit growth had remained under the 9 per cent threshold for 13 consecutive months, with the last time it surpassed 9 per cent being in June 2024, when it reached 9.25 per cent.
According to Bangladesh Bank data, total deposits in the banking sector reached Tk 19.14 trillion at the end of September 2025, compared to Tk 17.41 trillion recorded in September 2024.
Experts have described the September figures as "encouraging," noting that the overall performance reflects a significant recovery compared to the previous 16 months.
They attributed the increase to three main factors - a shift of deposits towards strong banks, relatively higher interest rates compared to inflation, and a fall in treasury bill and bond yields.
Top-tier banks have seen the most growth as depositors increasingly trust well-governed institutions. Following the change of government last year, many customers withdrew funds from weaker banks and moved them to stronger ones.
Currently, most banks offer deposit rates between 8.5 per cent and 9.5 per cent, which remain higher than the 8.36 per cent inflation recorded in September.