Analysis of Supply Dynamics of banking industry of Bangladesh
2. Analysis of Supply Dynamics Issues
When we talk about supply in terms of the banking sector, we talk about supply of funds that the bank can loan. This supply of loanable funds come mainly from the customers themselves in the form of deposits. The demand section of this report discusses in-depth about the deposits from the market. This section is used to address the macro-economic aspects of the supply of funds including the money supply of the country, major contributors in the supply dynamics, the constraints of monetary policy etc.
a. Domestic production and imports
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. The economy of Bangladesh is a rapidly developing market-based economy. Its per capita income in 2013 was estimated to be US$847.34 (adjusted by GDP Per Capita). According to the International Monetary Fund, Bangladesh ranked as the 44th largest economyin the world in 2012 in PPP terms and 57th largest in nominal terms, among the Next Eleven (N-11) of Goldman Sachs and D-8economies, with a gross domestic product of US$306 billion in PPP terms and US$115.6 billion in nominal terms. The economy has grown at the rate of 6-7% per annum over the past few years. More than half of the GDP is generated by the service sector; while nearly half of Bangladeshis are employed in the agriculture sector. Other goods produced are textiles, jute, fish, vegetables, fruit, leather and leather goods, ceramics, ready-made goods. Bangladesh recorded a trade deficit of 643.50 USD Million in August of 2013. Balance of Trade in Bangladesh is reported by the Bangladesh Bank. From 1995 until 2013, Bangladesh Balance of Trade averaged -1105.0 USD Million reaching an all-time high of -32.3 USD Million in July of 2013 and a record low of -5370.6 USD Million in June of 2008. Bangladesh exports mainly ready-made garments including knit wear and hosiery (75% of exports revenue). Others include: Shrimps,
When we talk about supply in terms of the banking sector, we talk about supply of funds that the bank can loan. This supply of loanable funds come mainly from the customers themselves in the form of deposits. The demand section of this report discusses in-depth about the deposits from the market. This section is used to address the macro-economic aspects of the supply of funds including the money supply of the country, major contributors in the supply dynamics, the constraints of monetary policy etc.
a. Domestic production and imports
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. The economy of Bangladesh is a rapidly developing market-based economy. Its per capita income in 2013 was estimated to be US$847.34 (adjusted by GDP Per Capita). According to the International Monetary Fund, Bangladesh ranked as the 44th largest economyin the world in 2012 in PPP terms and 57th largest in nominal terms, among the Next Eleven (N-11) of Goldman Sachs and D-8economies, with a gross domestic product of US$306 billion in PPP terms and US$115.6 billion in nominal terms. The economy has grown at the rate of 6-7% per annum over the past few years. More than half of the GDP is generated by the service sector; while nearly half of Bangladeshis are employed in the agriculture sector. Other goods produced are textiles, jute, fish, vegetables, fruit, leather and leather goods, ceramics, ready-made goods. Bangladesh recorded a trade deficit of 643.50 USD Million in August of 2013. Balance of Trade in Bangladesh is reported by the Bangladesh Bank. From 1995 until 2013, Bangladesh Balance of Trade averaged -1105.0 USD Million reaching an all-time high of -32.3 USD Million in July of 2013 and a record low of -5370.6 USD Million in June of 2008. Bangladesh exports mainly ready-made garments including knit wear and hosiery (75% of exports revenue). Others include: Shrimps,