Regulatory Alerts2023-11-27
Added
BRPD Circular Letter No. 64: Interest/Profit Rate of Loan/Investment
The document mandates that scheduled banks in Bangladesh determine loan interest rates by adding a maximum margin of 3.75% to the Bangladesh Bank Policy Rate (BBPR), and a maximum margin of 2.75% for pre-shipment export, agriculture, and fisheries loans. These new rate caps apply to loans newly disbursed after the issuance of the directive. Other existing instructions regarding interest rates remain unchanged.
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