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

November 3, 2022
November 3, 2022

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.

July 7, 2018
July 7, 2018

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.

July 4, 2018
July 4, 2018

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.

June 21, 2018
June 21, 2018

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.

May 20, 2018
May 20, 2018

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.

April 2, 2018
April 2, 2018

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

March 2, 2018
March 2, 2018

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

February 15, 2018
February 15, 2018

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

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