BRPD Circular No. 09: Re-fixing interest rate of loans extended to various sectors including productive sectors considering the prevailing global economic situation

website: www.bangladesh-bank.org www.bangladeshbank.org.bd Banking Regulation and Policy Department Bangladesh Bank Head Office Dhaka June 01, 2009 BRPD Circular No. 09 Date------------------------ Jaistha 18, 1416 Chief Executives All Scheduled Banks in Bangladesh Dear Sir, Re-fixing interest rate of loans extended to various sectors including productive sectors considering the prevailing global economic situation Attention is drawn to BRPD Circular No. 04 dated April 19, 2009 on the captioned subject. Considering the existing inflation rate and global economic situation, the maximum rate of interest on agriculture, term loans and working capital for large and medium scale industry, housing sector loan and trade financing has been fixed at 13% as per above circular. Now, it has been further decided that the maximum interest rate of 13% will also be applicable for financing to NBFIs by banks. Other instructions of the aforesaid circular will remain unchanged. This instruction shall come into effect immediately and remain valid until further order. Please acknowledge receipt. Yours sincerely, sd/- (Abu Hena Mohd. Razee Hassan) General Manager Phone: 7117825