BB increases ADR limit

NEWS DESK 

Bangladesh Bank (BB) has increased the limit of Advance Deposit Ratio (ADR) or Investment Deposit Ratio (IDR) as part of its efforts to boost liquidity amid COVID-19 pandemic.

The ADR or IDR of all banks has been increased to 87 per cent from the existing 85 per cent for conventional banks and 92 per cent from the existing 90 per cent for Shariah-based Islamic banks, a BB circular issued here today said.

The revised limit of ADR will come into effect from April 15, the circular added.