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.

May 8, 2024
May 8, 2024

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

May 5, 2024
May 5, 2024

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).

March 4, 2024
March 4, 2024

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.