Banks' resources for GDP proportion remains at 61.0 pc in FY19
Image: Bizbangladesh.net
The nation's financial area resources for GDP (Gross Domestic Product) declined possibly in the past monetary year (FY19), as indicated by a report discharged by the national bank a week ago.
It indicated that the financial division resources for GDP proportion remained at 61.0 percent toward the finish of June 2019, which was 62.3 percent at end-June 2018.
Bangladesh Bank information additionally uncovered that the accounting report size of the financial part expanded to Tk 1.54 trillion at end-June 2019 from Tk 1.40 trillion at end-June 2018.
Advances and advances, the biggest portion among the benefit things of banks, comprised 66.2 percent of all out resources toward the finish of FY19, which was 65.4 percent in FY18.
The advantage fixation proportions of the best five and top-10 banks against the absolute financial resources remained at 30.4 percent and 44.3 percent at end-June 2019 which were 30.9 percent and 44.5 percent individually at end-June 2018 percent and 43.9 percent separately.
"An expansion in resource fixation is bothersome from a monetary soundness stance as it enhances the impact and potential danger of just a couple of foundations over the whole money related framework," the report included.
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