The Bangladesh Bank said the total deposits in the banking industry surged by 1.55% to Tk1,713,000 crore at the end of September this year compared to the preceding quarter.
This rise, as detailed in the central bank's quarterly report for July-September 2023, was driven by gains in both urban and rural deposits.
Of the total Tk1,713,000 crore deposits, state-owned banks held 25.32%, specialized banks 2.76%, foreign banks 4.83% and private banks (including Islamic banks) 67.09%.
Islamic banks accounted for 21.6%.
Looking at deposit types, the report mentioned an upward trend in fixed deposits, which increased from 43.07% to 44.25% in the third quarter compared to the previous period.
The report also shows the significant gap in deposit ownership between the private and public sectors.
Private sector deposits, at 82.63%, were more than four times higher than public sector deposits at 17.37% as of September 2023.
