Home ›› 12 Oct 2021 ›› Front
Bank accounts with over Tk 1 crore in deposits have increased 6,028 in the January-June period amid the stagnant investment situation following the coronavirus outbreak.
The number of such accounts increased to 99,918 at the end of June, up from 93,890 six months ago, Bangladesh Bank data show.
Bankers said that people were keeping their idle money in banks instead of investing as private sector investment remained stalled after the pandemic outbreak.
The private sector investment is almost halted till now, which is the reason behind the increasing trend of such accounts, they said.
In March 2009, the number of accounts with over Tk 1 crore in deposits was 19,636, the BB data showed.
The number of such accounts increased by 10,051 last year and 8,276 in 2019.
Besides, the proportion of such deposits against the total deposits in the banking sector also increased during the coronavirus.
The proportion increased to 44.08 per cent at the end of June this year from 43.39 per cent at the end of December 2019.
The increasing trend of the number of such bank accounts in terms of deposits also indicates wealth accumulation by a portion of people, said a high official of the central bank.
