Bank deposits grow nearly 10pc in September
Business Report :
Bank deposits in Bangladesh grew by 9.98 percent year-on-year at the end of September 2025, maintaining a positive trend for the second consecutive month.
This follows a 10.02 percent rise in August, marking the highest growth in 17 months, according to Bangladesh Bank data released Wednesday.
Experts said the rise reflects renewed confidence in the banking sector after months of stagnation.
Depositors are increasingly moving funds to stronger banks offering higher interest rates, while yields on government treasury bills and bonds have declined, prompting individuals and institutions to park money in banks.
City Bank Managing Director MashrurArefin said, “Deposits are increasing in well-managed banks because these institutions operate under proper guidance and regulation, which boosts public confidence.
After the government changed, people withdrew money from weaker banks but are now returning to banks that follow compliance and international standards.”
Midland Bank Managing Director Md Ahsan-uz Zaman echoed this view, noting that deposits are rising in banks that have improved governance and transparency.
A senior private bank executive added that declining treasury yields encouraged investors to shift funds into bank accounts.
Total deposits in the banking sector stood at Tk19.14 lakh crore in September 2025, up from Tk17.41 lakh crore a year earlier.
Meanwhile, currency held outside banks dropped by Tk8,829 crore, from Tk2.83 lakh crore in September 2024 to Tk2.74 lakh crore, indicating some funds are returning to the formal banking system.
Deposits are also returning to banks that faced withdrawals after last year’s government transition.
Islami Bank Bangladesh Ltd (IBBL) saw a 14.7 percent growth, reaching Tk179,579 crore. IFIC Bank recorded a 12.6 percent rise, with deposits at Tk51,127 crore, while United Commercial Bank (UCB) added over Tk11,000 crore, rising to Tk65,524 crore.
IFIC Managing Director Syed Mansur Mustafa said, “Customers always received their money immediately, which strengthened confidence in our bank. As a result, deposits have grown, and our liquidity is much stronger.”
Experts said the growth in deposits indicates a steady recovery in the banking sector and growing public trust, driven by better governance, attractive interest rates, and economic momentum.