Bank accounts with above Tk1cr rise 3,362in 3 months


Staff Reporter :
The number of bank customers with at least Tk1 crore in their accounts increased by 3,362in the April-June period of 2023 , with such accounts now holding 43 per cent of the country’s total bank deposits, according to a report of the Bangladesh Bank.

As of March 31 this year, the number of accounts with over Tk 1 crore in deposits was 110,192, which increased to 113,554 at the end of June.

However, in March 2020, when the Covid-19 pandemic hit the country, the number of accounts holding more than Tk1 crore in the banks was 82,625.


The rich had Tk 731,332 crore in 113,554 accounts at the end of June this year, which was Tk 690,877 crore in 110,192 bank accounts at the end of March, according to the data from the central bank.

The addition in the number of new rich people at a time when most of the low-income people are struggling to bear their daily expenses because of inflationary pressure gives an indication that the disparity is rising, according to analysts.

The accounts with over Tk 1 crore do not belong only to the rich people; many institutions also own some of them.