Proceedings of 9th Asian Business Research Conference
20-21 December, 2013, BIAM Foundation, Dhaka, Bangladesh ISBN: 978-1-922069-39-9
A Comparative Analysis of the Rate of Interest on Deposit between
Banks and Non-Bank Financial Institutions in Bangladesh
Mohammad Yunus*, Mohammad Rokibul Kabir ** and Mohammad Afjalur
Rahman***
The study aims at finding differences of interest rate on deposits
by listed banking companies and non-bank financial institutions in
Bangladesh for the year 2009 to 2013 as well as to find whether there is any
relationship between interest rate and inflation. The study is based on
secondary data collected from the website of Bangladesh Bank and
Bangladesh Bureau of Statistics and website of the sample companies. For
the analysis the data of interest rates is organized month wise against every
year to compare the rate of interest among banking companies and non-bank
financial institutions more precisely. The study result revealed that the interest
rate of different banking and non-bank financial institutions differs from month
to month and also from company to company. It is found that the interest rate
is given by non-bank financial an institution is higher than that of banking
organizations.
Keyword: Rate of Interest, Banks, Non-Bank Financial Institutions, Inflation
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Mohammad Yunus*, Associate Professor, Department of Business Administration, International Islamic University
Chittagong, Bangladesh. Cell: +88-01199201012. Email: yunusiiuc48@gmail.com,
Mohammad Rokibul Kabir**, Assistant Professor, Department of Business Administration, International Islamic
University Chittagong, Bangladesh. Cell: +8801191555211, email: rakibais@yahoo.com
Mohammad Afjalur Rahman***, Research Fellow and MBA Student, International Islamic University Chittagong,
Bangladesh. Email: m.ar_rahman@yahoo.com,