The number of bank accounts holding Tk1 crore or more increased by 2,894 in the April-June quarter, reaching 1.19 lakh by the end of June, according to central bank data. Total deposits in Bangladeshi banks amounted to Tk18.39 trillion, with Tk7.73 trillion (42%) in accounts exceeding Tk1 crore. Government agencies hold approximately 40,289 of these accounts, while individuals account for around 34,481.
Despite this growth, Fahmida Khatun from the Center for Policy Dialogue notes that high inflation has hindered significant investments, limiting the number of accounts reaching crore taka. Concerns about anonymous deposits and corruption, highlighted by recent cases, prompt calls for investigation into the legitimacy of these accounts. The data also reveals that 72% of the total 15.85 crore bank accounts hold less than Tk5,000, reflecting stark economic inequality and minimal savings for a large portion of the population.
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