Question
Show the below details in visual representation (graph/charts) According to the Bangladesh Bureau of Statistics (BBS) data, the financial sub-sector's growth dipped to 4.46 per
Show the below details in visual representation (graph/charts)
According to the Bangladesh Bureau of Statistics (BBS) data, the financial sub-sector's growth dipped to 4.46 per cent in FY 2020 from that of 7.38 per cent in FY 2019.
Its contribution to GDP was 3.39 per cent in FY 2020, which was 3.42 per cent in FY 2019.
The economists said the ongoing coronavirus pandemic hit hard the banking sector transactions in the last quarter of FY 2020, but the sector's growth should not have dropped by such a big margin.
The service sector's growth also dropped by 1.46 percentage points to 5.32 per cent in the FY 2020. But the same in the financial intermediation sub-sector fell sharply by 2.92 percentage points.
Taking the cross-country scenario into account, the capital adequacy of the countrys banking sector remained low compared to the ratios of neighboring countries as of end-December 2019.
Comparison of capital adequacy indicators of neighboring countries Source: Bangladesh Bank Countries CRAR (%) 2015 2016 2017 2018 2019 India 12.7* 13.3* 13.9* 13.7* 15.1* Pakistan 17.3 16.2 15.8 16.2 17.0 Sri Lanka 15.4 15.6 15.2 15.1 16.5 Bangladesh 10.8 10.8 10.8 10.5 11.6
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started