Lending rate in Bangladesh

Private credit growth slows for contractionary monetary policy

Private sector credit growth slowed in January this year as the lending rate went up due to the central bank’s contractionary monetary policy, according to experts and analysts.

Lending rate goes past 12% as tighter monetary policy kicks in

The lending rate of bank loans has gone past 12 percent on the back of the rising benchmark interest rate, sending the cost of funds for borrowers higher, as the central bank’s contractionary monetary policy appears to have taken hold.

March 7, 2024
March 7, 2024

Private credit growth slows for contractionary monetary policy

Private sector credit growth slowed in January this year as the lending rate went up due to the central bank’s contractionary monetary policy, according to experts and analysts.

February 2, 2024
February 2, 2024

Lending rate goes past 12% as tighter monetary policy kicks in

The lending rate of bank loans has gone past 12 percent on the back of the rising benchmark interest rate, sending the cost of funds for borrowers higher, as the central bank’s contractionary monetary policy appears to have taken hold.

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