ZCZC
BSS-41
BB-CRR
BB refixes CRR at 5pc
DHAKA, March 23, 2020 (BSS) – Bangladesh Bank (BB) has taken a decision to
refix the Cash Reserve Ratio (CRR) at 5 percent on bi-weekly average basis
with a provision of minimum 4.5 percent on daily basis effective from April
01, 2020.
“Now it has been decided to refix this CRR at 5.0 percent on bi-weekly
average basis with a provision of minimum 4.5 percent on daily basis
effective from April 01, 2020,” said a BB circular issued here today.
Earlier, all scheduled banks in Bangladesh (including Shariah based banks)
are required to maintain 5.5 percent CRR with Bangladesh Bank on bi-weekly
average basis with a provision of minimum 5.0 percent on daily basis of their
average total demand and time liabilities (ATDTL).
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