2018-05-30

Added · Updated

BRPD Circular Letter No. 09: Rationalization of rate of interest on deposit and lending

The Bangladesh Bank directs all scheduled banks operating in Bangladesh to limit the spread between the weighted average interest rate on loans and deposits to 4% for sectors other than Micro Credit and Consumer Loans. This directive supersedes previous instructions that allowed a spread of up to 5% and takes immediate effect.

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