Excess liquidity in banks declines
Saturday, 13 September 2008
Liquid assets of the scheduled banks stood higher at over Taka 483.81 billion as of end June, 2008, against over Taka 448.40 billion as of end June, 2007, marking a rise by over Taka 35.40 billion or 7.9 per cent, reports BSS.
However, excess liquidity of the scheduled banks moved lower at over Taka 129.88 billion as of end June, 2008, against over Taka 142.79 billion as of end June, 2007, a Bangladesh Bank (BB) review shows.
Disbursement of agricultural credit in July, 2008 went up to over Taka 4.05 billion compared to over Taka 3.84 billion in the corresponding month of 2007. Recovery of agricultural credit in July, 2008 also stood higher at over Taka 6.60 billion compared to over Taka 6.41 billion in the same month last year.
The position of overdue agricultural credit as percentage of total outstanding credit improved, decreasing from 44.59 at the end of July, 2007 to 35.30 at the end of July, 2008.
Total Small and Medium Enterprises (SMEs) loans increased by over Taka 35.09 billion or 11.13 per cent to over Taka 350.37 billion at the end of June, 2008 as compared to over Taka 315.27 billion at the end of March, 2008.
Institutional category-wise SME loans rose at the end of June, 2008 compared to March, 2008, in foreign banks 20.73 per cent, private banks 17.48 per cent, non-bank financial institutions 6.28 per cent, state-owned banks 3.28 per cent and specialised banks 1.53 per cent.
Disbursement of industrial term loans during April-June, 2008 stood higher at over Taka 55.76 billion compared to over Taka 49.11 billion during January-March, 2008. Recovery of industrial term loans also was higher at over Taka 39.17 billion during April-June, 2008, against over Taka 37.70 billion during January-March, 2008.
Overdue of industrial term loans at the end of June, 2008 amounted to over Taka 49.70 billion, and overdue as percentage of outstanding industrial term loans was 12.40 at the end of June, 2008.
However, excess liquidity of the scheduled banks moved lower at over Taka 129.88 billion as of end June, 2008, against over Taka 142.79 billion as of end June, 2007, a Bangladesh Bank (BB) review shows.
Disbursement of agricultural credit in July, 2008 went up to over Taka 4.05 billion compared to over Taka 3.84 billion in the corresponding month of 2007. Recovery of agricultural credit in July, 2008 also stood higher at over Taka 6.60 billion compared to over Taka 6.41 billion in the same month last year.
The position of overdue agricultural credit as percentage of total outstanding credit improved, decreasing from 44.59 at the end of July, 2007 to 35.30 at the end of July, 2008.
Total Small and Medium Enterprises (SMEs) loans increased by over Taka 35.09 billion or 11.13 per cent to over Taka 350.37 billion at the end of June, 2008 as compared to over Taka 315.27 billion at the end of March, 2008.
Institutional category-wise SME loans rose at the end of June, 2008 compared to March, 2008, in foreign banks 20.73 per cent, private banks 17.48 per cent, non-bank financial institutions 6.28 per cent, state-owned banks 3.28 per cent and specialised banks 1.53 per cent.
Disbursement of industrial term loans during April-June, 2008 stood higher at over Taka 55.76 billion compared to over Taka 49.11 billion during January-March, 2008. Recovery of industrial term loans also was higher at over Taka 39.17 billion during April-June, 2008, against over Taka 37.70 billion during January-March, 2008.
Overdue of industrial term loans at the end of June, 2008 amounted to over Taka 49.70 billion, and overdue as percentage of outstanding industrial term loans was 12.40 at the end of June, 2008.