Domestic credit flow maintains steady rise: BB report

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BSS, Dhaka :
Domestic credit flow maintained a steady rise with going up by 1.7 percent in September, according to the latest report of Bangladesh Bank (BB).
The November issue of the BB’s monthly report on the major economic trend tallied that the domestic credit flow in September was Taka 658218.6 crore, which was higher by Taka 10993.7 crore from the previous month.
“The growth in domestic credit is due to overall growth in all of its components such as government net credit, other public sectors credit and credit to private sector,” the central bank report said.
The report also noted that the major economic indicators including reserve money, import cost and foreign exchange reserve increased in September when export earnings, foreign direct investment (FDI) and manpower export showed slower trend.
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