Demand for industrial loans grows in Bangladesh: Reports

The demand for industrial loans in Bangladesh went up during the third quarter of the ongoing fiscal year (January-March FY ‘23) thanks to the economic recovery from the COVID-19 even if companies spent more to import capital machinery from global market.

Media reports maintained this adding as per the data released by Bangladesh Bank, Bangladesh’s central bank, the industrial loan disbursement registered 33.75 per cent growth in the quarter of the current fiscal compared to that of the corresponding period last year.

Nevertheless, the credit growth in the first 11 months of the current fiscal remained below the Bangladesh Bank’s ceiling of 14.80 per cent for the entire year, reports further underlined.