Open up the credit lines BIGSTOCKWhy Bangladesh Bank should lift restrictions on consumer creditIn this article I suggest a different approach to Bangladesh Bank’s lending programs to assist the recovery of the economy. The key to recovery of the economy is to find ways to increase demand from Bangladeshi consumers. Bangladesh Bank does not think much of consumer credit and housing credit. At present, Bangladesh Bank has tight limits on the volume of consumer credit and housing credit. Consumer credit is not a large part of loans and more important the amount of such credit cannot grow faster than total loans.

Source: Dhaka Tribune May 31, 2020 12:56 UTC