Anisul Islam Noor :
The number of millionaires in the country increased from 19000 to 66000 in last eight years but deposit of small depositors in the banks fell alarmingly, the statistics of the Bangladesh Bank showed.
At the same time, the number of loan defaulters is two lakh two thousand 623, according to the statement given in the Parliament by Finance Minister Abul Maal Abdul Muhith. In the Question-Answer session on Tuesday, he disclosed the CIB database of Bangladesh Bank.
In the last eight years (2009-16), the number of millionaires increased by 47 thousand. At the end of December 2008, 19 thousand people were millionaires. At the end of 2016, the number increased to 66 thousand. During this period, the number of millionaires in the country increased by 250 percent.
Although the number of millionaires increased, deposits of small depositors did not increase, but it fell alarmingly. In 2008, deposits of small depositors were 36 percent of the total deposits, last year it was eight percent.
According to the Bangladesh Bank statistics, at the end of March, the amount of defaulted loan amount increased to Tk181 million.
As of last December, the number of accounts with the deposit up to Tk 50 crore in the banking sector increased to 66 thousand. In contrast to these accounts, there is a reserve of about Tk 3.76 lakh crore.
There are 28 thousand 688 accounts with deposit of Tk 75 lakh to one crore. The total amount of was Tk 25,556 crore. The number of depositors with Tk 50 crore and above are 769. The total amount is Tk one lakh six thousand 427 crore in their account.
Bankers said that the number of millionaire accounts has not only increased, the amount of deposits in their accounts increased at an abnormal rate. Bangladesh Bank statistics showed that in the last eight years, the deposit in the accounts of the millionaires was 41.95 percent of the total deposits. But eight years ago, the percentage of deposits in the millionaire accounts was 30 percent of the total deposits.
According to economists, rise of the number of small depositors means that economic discrimination has increased in the country. The rich are getting richer. On the other hand, poor people are becoming poorer. To eradicate this discrimination, poverty reduction programme will have to be adopted more, they opined.
According to BB statistics, till last December, the total depositors’ account in the banking sector was eight crore 14 lakh 26 thousand 946. In contrast, there are deposits of Tk 8 lakh 99 thousand 414 crore.
Analysts say the small depositors are unable to adjust their expenditure with their income. The price of all goods has increased abnormally. Transportation costs, the price of electricity and household rent have increased.
The cost of living has increased. As a result, people ration their necessary requirements. They cannot think of saving money with their income.
The number of millionaires in the country increased from 19000 to 66000 in last eight years but deposit of small depositors in the banks fell alarmingly, the statistics of the Bangladesh Bank showed.
At the same time, the number of loan defaulters is two lakh two thousand 623, according to the statement given in the Parliament by Finance Minister Abul Maal Abdul Muhith. In the Question-Answer session on Tuesday, he disclosed the CIB database of Bangladesh Bank.
In the last eight years (2009-16), the number of millionaires increased by 47 thousand. At the end of December 2008, 19 thousand people were millionaires. At the end of 2016, the number increased to 66 thousand. During this period, the number of millionaires in the country increased by 250 percent.
Although the number of millionaires increased, deposits of small depositors did not increase, but it fell alarmingly. In 2008, deposits of small depositors were 36 percent of the total deposits, last year it was eight percent.
According to the Bangladesh Bank statistics, at the end of March, the amount of defaulted loan amount increased to Tk181 million.
As of last December, the number of accounts with the deposit up to Tk 50 crore in the banking sector increased to 66 thousand. In contrast to these accounts, there is a reserve of about Tk 3.76 lakh crore.
There are 28 thousand 688 accounts with deposit of Tk 75 lakh to one crore. The total amount of was Tk 25,556 crore. The number of depositors with Tk 50 crore and above are 769. The total amount is Tk one lakh six thousand 427 crore in their account.
Bankers said that the number of millionaire accounts has not only increased, the amount of deposits in their accounts increased at an abnormal rate. Bangladesh Bank statistics showed that in the last eight years, the deposit in the accounts of the millionaires was 41.95 percent of the total deposits. But eight years ago, the percentage of deposits in the millionaire accounts was 30 percent of the total deposits.
According to economists, rise of the number of small depositors means that economic discrimination has increased in the country. The rich are getting richer. On the other hand, poor people are becoming poorer. To eradicate this discrimination, poverty reduction programme will have to be adopted more, they opined.
According to BB statistics, till last December, the total depositors’ account in the banking sector was eight crore 14 lakh 26 thousand 946. In contrast, there are deposits of Tk 8 lakh 99 thousand 414 crore.
Analysts say the small depositors are unable to adjust their expenditure with their income. The price of all goods has increased abnormally. Transportation costs, the price of electricity and household rent have increased.
The cost of living has increased. As a result, people ration their necessary requirements. They cannot think of saving money with their income.
