Regulatory Alerts2017-02-07
Added · Updated
BRPD Circular No. 01: Rationalization of Rate of Interest on Deposit and Lending
The Banking Regulation and Policy Department of Bangladesh Bank advises all scheduled banks operating in Bangladesh to halt the downward trend in deposit interest rates, which have fallen below 5% and threaten savings propensity. Banks are instructed to maintain lending rates by narrowing the spread between lending and deposit rates, improving management efficiency, and recovering non-performing loans, rather than reducing deposit rates.
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