Dhaka, April 22 -- Bangladesh's savings certificate sector is facing a silent crisis as rising inflation and economic uncertainty have driven a surge in encashment, outpacing new investments for the third consecutive fiscal year.

According to the latest data from the Department of National Savings, the net investment in savings certificates turned negative by approximately Tk 555 crore during the first eight months (July-February) of the current fiscal year, FY2025-26.

The decline was particularly sharp in January and February. In February, gross sales reached Tk 6,406 crore, but encashment (both matured and premature) stood at Tk 7,571 crore, resulting in a net negative investment of Tk 1,165 crore. This followed a January deficit of T...