Dhaka,  Mar 13 (V7N) – The number of bank accounts holding deposits of one crore taka (10 million taka) and above has increased by 4,954 in just three months, reflecting a growing confidence in Bangladesh's banking system.

Banking sector experts attribute this surge to the return of funds that were previously held outside the formal banking system.

The increase in high-value deposits is indicative of a broader trend, with overall bank deposits also on the rise.

According to the latest financial update from Bangladesh Bank, the total number of accounts held by individuals and institutions with deposits exceeding one crore taka now stands at 1,22,081.

Data from the central bank reveals that as of December 2024, the total number of bank accounts in Bangladesh reached 163.2 million, with total deposits amounting to 18,837.11 billion taka.

This represents a significant increase from September 2024, when the total number of bank accounts was 162,028,155, and total deposits were 18,250.33 billion taka. In just three months, the number of bank accounts increased by 1,219,277, and total deposits grew by 456.28 billion taka.

The report highlights that the number of bank accounts with deposits exceeding one crore taka was 1,22,081 at the end of December 2024, compared to 1,17,127 in the previous quarter ending September. This signifies an increase of 4,954 accounts in three months. In the June quarter of the same year, the number of such accounts was 1,18,784.

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