Loan in construction sector rising fast

Dhaka,  Wed,  26 July 2017
Published : 10 Jul 2017, 13:30:03
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Loan in construction sector rising fast

FE Online Report
Bank loan in the country’s construction sector is rising fast reflecting the boom situation in this sector.

Latest statistics, available with Bangladesh Bank, revealed that outstanding bank loans in this sector stood at Tk 614.4 billion by the end of third quarter (March 31) of the past fiscal year (FY17).

The bank advances in the construction sector thus stood at 9 per cent of the outstanding of the total advances which stood at Tk 6757.4 billion at the end of March this year. 

The outstanding amount was Tk 540.5 billion by the end (June 30) of the previous fiscal year (FY16).

 
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