The New Nation - Internet Edition

BSS, Dhaka

Total liquid assets of the schedule banks stood higher at Taka 45,815.11 crore as of end May, 2008, against Taka 44,840.97 crore as of end June, 2007, marking a rise by Taka 974.14 crore or 2.17 percent.

The excess liquidity of the schedule banks stood at Taka 8,256.88 crore as of end May, 2008, according to Bangladesh Bank data.

Disbursement of agricultural credit during financial year 2007-08 stood markedly higher at Taka 8,580.66 crore due to inclusion of private commercial banks compared to Taka 5,292.51 crore during fiscal 2006-07. Recovery of agricultural credit during FY 2007-08 also moved significantly higher at Taka 6,003.70 crore compared to Taka 4,676.00 crore during FY 2006- 07. The position of overdue agricultural credit as percentage of total outstanding improved, decreasing from 45.50 at the end of June, 2007 to 33.03 at the end of June, 2008.

Disbursement of industrial term loans during January-March, 2007-08 stood at Taka 4911.08 crore and recovery of industrial term loans at Taka 3770.03 crore during the same period of the year.

Overdue of industrial term loans at the end of March, 2008 stood at Taka 6279.54 crore and overdue as percentage of outstanding industrial term loans was 16.23 at the end of March, 2008.

The Small and Medium Enterprise (SME) loans by different banks increased at the end of March, 2008 compared to the end of December, 2007.

The SME loans disbursed by foreign banks rose by 18.66 percent, specialised banks by 4.77 percent, private banks by 4.20 percent, non-bank financial institutions by 0.59 percent and state owned banks by 0.27 percent.