Bank interest rates
What the IMF said, our economists have said before
What Bangladeshi economists have been saying for a long time is pretty much what the International Monetary Fund (IMF) has told our central bank and the government.
Interest Rate Cap: New headache for pvt banks
Most of the private banks are in trouble due to their recent decision to cap interest rate on deposits at 6 percent as the state-run organisations and corporate groups are unwilling to keep funds with them at such a low rate.
Directed Interest Rate Reduction: Will it be counterproductive?
Recently, Bangladesh Association of Bankers (BAB), a body representing the owners of private commercial banks in Bangladesh, announced that interest rates charged by these financial institutions would be brought down to the single digits from July 1.
Banks to lower interest rates
Both public and private banks have decided to lower lending rates to single digits from July 1 -- a move that comes weeks after the government showered them with a raft of privileges, drawing criticism from different quarters.
Interest rates rattle people
Kaniz Fatima Binte Alam, a doctor, took Tk 48.50 lakh home loan at 8.5 percent interest in October last year from a lender with expertise in financing homes.
Will CRR cuts bring down lending rate?
The decision to reduce the Cash Reserve Ratio (CRR) by one percentage point constitutes quantitative easing of monetary policy. A key
Private credit growth hits 18.36pc
Private sector credit growth continues its forward thrust despite liquidity crisis and rising interest rates as businesses jump into an
Bank savers can smile again
Though the recent rise in interest rates has become a bane for borrowers, it is a boon for savers, especially for retirees and others who
What the IMF said, our economists have said before
What Bangladeshi economists have been saying for a long time is pretty much what the International Monetary Fund (IMF) has told our central bank and the government.
Interest Rate Cap: New headache for pvt banks
Most of the private banks are in trouble due to their recent decision to cap interest rate on deposits at 6 percent as the state-run organisations and corporate groups are unwilling to keep funds with them at such a low rate.
Directed Interest Rate Reduction: Will it be counterproductive?
Recently, Bangladesh Association of Bankers (BAB), a body representing the owners of private commercial banks in Bangladesh, announced that interest rates charged by these financial institutions would be brought down to the single digits from July 1.
Banks to lower interest rates
Both public and private banks have decided to lower lending rates to single digits from July 1 -- a move that comes weeks after the government showered them with a raft of privileges, drawing criticism from different quarters.
Interest rates rattle people
Kaniz Fatima Binte Alam, a doctor, took Tk 48.50 lakh home loan at 8.5 percent interest in October last year from a lender with expertise in financing homes.
Will CRR cuts bring down lending rate?
The decision to reduce the Cash Reserve Ratio (CRR) by one percentage point constitutes quantitative easing of monetary policy. A key
Private credit growth hits 18.36pc
Private sector credit growth continues its forward thrust despite liquidity crisis and rising interest rates as businesses jump into an
Bank savers can smile again
Though the recent rise in interest rates has become a bane for borrowers, it is a boon for savers, especially for retirees and others who