No cap on credit card interest rate

No interest rate cap on credit card loans: BB

Banks can now fix interest rate of their credit cards, Bangladesh Bank (BB) said today after allowing the lenders to charge up to 12 per cent interest on consumer credit.

January 15, 2023
January 15, 2023

No interest rate cap on credit card loans: BB

Banks can now fix interest rate of their credit cards, Bangladesh Bank (BB) said today after allowing the lenders to charge up to 12 per cent interest on consumer credit.