Dhaka, March 10 -- Private-sector credit growth declined further in January, mainly due to lower loan demand driven by ongoing political uncertainty and higher lending rates, bankers said.

The growth in credit flow to the private sector came down to 7.15 per cent in January 2025 on a year-on-year basis from 7.28 per cent a month ago, according to the central bank's latest statistics released on Sunday.

It was 2.65 percentage points lower than the Bangladesh Bank's (BB) target of 9.80 per cent for the second half (H2) of the current fiscal year (FY).

"Ongoing political uncertainty, coupled with higher interest rates, has reduced the demand for fresh credit in recent months," a senior executive of a leading private commercial bank (PCB) ...