November 5, 2024, 1:30 pm


Staff Correspondent

Published:
2024-10-08 06:21:30 BdST

6 fourth-gen banks show excess liquidity


Although the country’s banking sector is currently facing a liquidity crisis, six out of the nine fourth-generation banks have excess liquidity.

These banks are NRBC Bank, Midland Bank, Meghna Bank, NRB bank, Modhumoti Bank, South Bangla Agriculture and Commerce Bank (SBAC).

NRBC Bank posted the highest surplus liquidity at Tk 2,450 crore, according to the Bangladesh Bank sources.

According to central bank data till August this year, NRBC Bank’s surplus liquidity is Tk 2,450 crore. The bank collected deposits of Tk 17,116 crore, and disbursed loan amount is Tk 14,160 crore.

The bank’s advanced deposit ratio (ADR) is 82.73 percent, which is lower than the fixed level.

Banks were instructed in April 2020 to maintain the ADR within 87 percent for conventional banks and 92 percent for the Shariah-based bank.

Midland Bank has the second highest excess liquidity of Tk 950 crore. The deposit amount of the bank is Tk 6,000 crore. Out of this amount, Tk 5,500 crore has been disbursed as loans, and the ADR is 85 percent.

Meanwhile, Meghna Bank posted Tk 850 crore excess liquidity at the end of August this year. It has lent Tk 6,300 crore against Tk 7,900 crore deposits and the ADR is 80 percent.

NRB bank posted Tk 200 crore excess liquidity and the deposit amount is around Tk 7,000 crore and the lending amount is Tk 5,900 crore. The ADR of the bank is 85 percent.

Modhumoti Bank has collected about Tk 7,800 crore of deposits and disbursed loans of Tk 6,500 crore. It posted Tk 830 crore excess liquidity and ADR is 83.33 percent.

South Bangla Agriculture and Commerce Bank (SBAC) posted Tk 10,200 crore in deposits and distributed Tk 8,500 crore, ADR is 84 percent. Surplus liquidity of the bank is Tk 500 crore.

Unauthorized use or reproduction of The Finance Today content for commercial purposes is strictly prohibited.


Popular Article from Bank