State-owned commercial bank Janata Bank Limited has secured the fourth position among all government banks in entering into Tk 1 trillion deposit club.
“The bank has reached to this new milestone with the savings of ordinary people and deposits held by government and non-government organisations,” said Janata Bank Managing Director Md Abdus Salam Azad.
In September 23, Janata Bank's deposits reached to Tk 1 trillion and it stood at Tk 1.18 trillion on last Tuesday.
Of the total amount, 30 percent deposit came from public sector funds. The disbursement loan deposit of Janata bank is stood at Tk 683.28 billion.
The sector insiders said that no bank in the public or private sector would be able to reach such elite club as the nearest deposit position of the other banks is around Tk 500 billion.