Commercial banks have proposed introducing extra and some new charges for 14 services, including fees on frequent cash withdrawals, reactivating dormant accounts and higher account maintenance charges.

Customers question higher withdrawal charges as businesses fear rising costs

With the central bank halting direct financing by printing new notes, the government also has no option but to turn to commercial banks to meet its fiscal needs.

Four state-run commercial banks (SCBs) in Bangladesh are struggling to generate revenue from their core business of lending due to voluminous non-performing loans and the lending rate ceiling.