SMART
BB abandons SMART to make bank interest rate fully market-based
The Bangladesh Bank today scrapped the SMART formula in order to make interest rates in the banking system fully market-based
BB likely to discard SMART formula as interest rate surges
In July last year, the central bank withdrew the 9 percent lending rate cap and introduced the Six-months Moving Average Rate of Treasury bills (SMART).
Inflation and not so SMART interest rates
The failure to tame inflation not only imposes a steep tax on the poor and the middle class, it also erodes economic competitiveness.
BB abandons SMART to make bank interest rate fully market-based
The Bangladesh Bank today scrapped the SMART formula in order to make interest rates in the banking system fully market-based
BB likely to discard SMART formula as interest rate surges
In July last year, the central bank withdrew the 9 percent lending rate cap and introduced the Six-months Moving Average Rate of Treasury bills (SMART).
Inflation and not so SMART interest rates
The failure to tame inflation not only imposes a steep tax on the poor and the middle class, it also erodes economic competitiveness.