Dhaka, March 9 -- Private sector credit growth in January fell to 7.15 percent, marking the lowest in a decade, according to Bangladesh Bank data.

The central bank has private sector credit growth figures available on its website since January 2015, and the latest data reveals that such a low growth rate has not been suffered in the past 10 years.

The central bank published the latest figures on Sunday, showing a continued downward trend.

In December, the growth rate stood at 7.26 percent.

The last time private sector credit growth was this low was in May 2021, during the COVID-19 pandemic, when it fell to 7.55 percent.

The declining trend began after the protests in July, with the monthly credit growth as follows:

July: 10.13 perce...