In February of the current fiscal year, credit growth in the country’s private sector declined to 6 percent. In the previous month, January, it was around 7 percent.
On Tuesday, Bangladesh Bank released the updated data on private sector credit growth in the country.
According to the data, by the end of February in the 2024-25 fiscal year (from February 2024 to February 2025), credit growth in the private sector stood at only 6.82 percent.
In contrast, the monetary policy for the fiscal year had set a target of 9.8 percent growth.
In the previous month (January), private sector credit growth was 7.15 percent.
A review of Bangladesh Bank’s data shows that the credit growth rate in February is the lowest in the past 21 years. The last time private sector credit growth fell below 6.82 percent was in February 2004.
According to Bangladesh Bank, at the end of February on 2025, the outstanding loans distributed by banks to the private sector stood at Tk 16,84,383 crore. In February 2024, this figure was Tk 15,76,914 crore. Based on this, the growth has been only 6.82 percent.
Bd-pratidin English/ Afia
