Private-sector credit growth slowed to 4.17% in September, remaining below 5% for seven months as high costs, energy shortages and business uncertainty weighed on borrowing and investment.
Brent crude hit $116.72 as Gulf attacks escalated. With remittance growth cooling and fuel prices already raised, Bangladesh’s reserves are holding, but the pressure is building.
As mCapital launches a $1 billion diaspora fund to buy distressed assets, the Finance Ministry has watered down Bangladesh banking reform rules on family directors.
