Regulatory Alerts2009-05-05
Added · Updated
BRPD Circular No. 06: Fixing Rate of Interest on Import Financing
The document fixes the maximum interest rate on import financing for edible oil, chick-peas, lentils, beans, onions, spices, dates, and fruits at 12%. It advises banks to fix reasonable charges, fees, and commissions for these imports. The instruction applies to all scheduled banks in Bangladesh and takes immediate effect until further order.
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