Zia Uddin Mahmud

Interest rate reduction: the good, the bad and the ugly

The news that the Bangladesh government is going to reduce the rate of interest of bank loans has, in general, been considered to be a positive one by businessmen. At the same time, it has not been received as favourably by depositors, since the rate of deposits will now also be reduced.

February 25, 2020
February 25, 2020

Interest rate reduction: the good, the bad and the ugly

The news that the Bangladesh government is going to reduce the rate of interest of bank loans has, in general, been considered to be a positive one by businessmen. At the same time, it has not been received as favourably by depositors, since the rate of deposits will now also be reduced.

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