Commercial banks’ inter-bank or bank-to-bank transactions have again declined. Compared to January, the inter-bank transactions carried out by banks decreased by Tk 1 lakh 11 thousand 389 crore in February. Compared to last December, inter-bank transactions increased by Tk 75,000 crore in January. 80 thousand crore rupees decreased in December compared to November. Although the transactions fluctuate every month, the average transactions are decreasing.

Analyzing the data of several reports of Bangladesh Bank, such a picture of the inter-bank transactions of the banking sector has been found.

The reason for this is that the banks have reduced their tendency to borrow from inter-banks. The transactions customers are doing are less inter-bank centric. Besides, due to the instability created in this sector as a result of the initiative of bank merger, customers are reducing transactions with weak banks and transacting with strong banks. Besides, due to contractionary monetary policy, inter-bank transactions are decreasing due to reduced money flow. Due to economic recession, the pace of business has slowed down, due to which inter-bank transactions have decreased. Due to these reasons, inter-bank transactions have decreased. This reduction in transactions means that the banking sector is not progressing smoothly. Resources are being concentrated. This will increase the pressure on weak banks. Inter-bank transactions are supposed to be in a rhythm, but large declines indicate volatility in the banking sector.

However, an official of the central bank said that currently customers are going from one bank to another bank. As a result, customers are staying with the bank, but switching banks. Transactions are increasing in all banks. Due to which the inter-bank transactions have decreased. There is no cause for concern.

According to a report published by the Central Bank on Wednesday, the inter-bank transactions of all banks in January were Tk 7 lakh 14 thousand 603 crores. In February, it traded down to Tk 6 lakh 3 thousand 213 crore. Transactions decreased by Tk 1 lakh 11 thousand 389 crore during the discussion period. In this, inter-bank transactions have decreased in all types of banks. However, customers are reducing inter-bank transactions and availing more services through ATM booths. Due to which transactions through ATM booth are increasing. However, transactions through ATM booths have not increased at the rate at which inter-bank transactions have declined.

Meanwhile, transactions through various types of cards have also decreased. Conventional banks did inter-bank transactions of Tk 6 lakh 24 thousand 448 crores in January. 5 lakh 24 thousand 528 crores in February. During the discussion period, the transaction decreased by Tk 99 thousand 920 crores.

In January, Islamic banks transacted Tk 90 thousand 155 crore in inter-bank transactions. In February, it was reduced to 78 thousand 686 crores. Transactions decreased by Tk 11 thousand 469 crore during the discussion period. Transactions in January increased by Tk 75 thousand crore compared to last December. Earlier, transactions in December decreased by Tk 80 thousand crore compared to November.

In this context, those concerned said that Islamic banks do not usually do inter-bank transactions with conventional banks. There are 10 fully Islamic banks that do interbank transactions among themselves. Inter-bank transactions have declined as some Islamic banks have weakened.

According to the data available from the report, transactions of different types of cards decreased by Tk 972 crore in February compared to January. However, transactions through ATM machines have increased.

Meanwhile, foreign trade financing of Islamic banks has decreased. 11 thousand 634 crores of remittances came through Islamic banks in January.

9 thousand 871 crores came in February. Remittance flow through these banks is decreasing by Tk 1 thousand 763 crore in one month. However, overall remittance flows have increased. An Islamic bank not being able to return money to customers has a negative impact on Islamic banking as a whole.

Export income through Islamic banks in January was Tk 7 thousand 548 crore. 6 thousand 908 crore came in February. Export income decreased by Tk 639 crore during the period under discussion. Overall export earnings also declined marginally during the period under review.

In January, Islamic banks financed import trade to the tune of Tk 12,202 crore. In February, it decreased to Rs 9,921 crore. Discussion This month, financing in this sector has decreased by Tk 2 thousand 282 crores. During that time overall imports also decreased.

Deposits and assets of Islamic banks decreased in January compared to December but increased in February compared to January. During the period under discussion, the deposits have increased by about Tk 4 thousand 945 crores. Deposits in the bank sector have also increased overall. At the same time, the amount of wealth has increased.