Dhaka, June 11 -- Despite some minor fluctuations, private sector credit growth in Bangladesh has maintained a downward trend since the fall of the Awami League government in the wake of the July Uprising.

According to the latest data published by Bangladesh Bank, credit growth in April stood at 7.5 percent, marking six straight months in which private sector borrowing has remained below 8 percent.

In March, credit growth was 7.57 percent, which had broken an eight-month streak of decline following the political upheaval in July-August last year.

In February, the growth rate was 6.82 percent and it stood at 7.15 percent in January.

Anwar-Ul-Alam Chowdhury Parvez, president of the Bangladesh Chamber of Industries (BCI), noted that the ...