Borrowing limit from call money market to increase from September

Published: August 05, 2019 19:24:43 | Updated: August 07, 2019 17:16:32

The Bangladesh Bank has increased the borrowing limit from inter-bank call money market.

Financial institutions can borrow maximum 40 per cent of their equity from September 1, 2019, according to a BB circular, reports BSS on Monday.

The equity will be fixed based on December 31, 2018 balance-sheet, the circular added.

Now, financial institutions are borrowing maximum 30 per cent from the call money market.

The central bank also said financial institutions will prepare their accounts and fix equity based on December 31.

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