Governor’s big assurance to traders about loan interest rates

Date:

Post View:

Governor’s big assurance to traders about loan interest rates

Bangladesh Bank Governor Ahsan H Mansoor said that there is nothing for businessmen to worry about the increase in interest rates on loans. He said, the decision to increase the interest rate is taken into consideration inflation and other economic indicators and the next decision may be taken based on these indicators next month.

The governor said these things during a personal visit to Juri Upazila of Moulvibazar. He said that the increase in interest rates may create some challenges for traders, but in the experience of the whole world, it takes 12-18 months to deal with such a situation.

The governor also said, ‘everything has to be controlled step by step and this step is being taken in line with the market demand and inflation.’ He pointed out that the rupee value against the dollar is currently stable and despite the increase in the price of rice, Bangladesh has enough rice reserves.

Besides, cases against bank robbers are ongoing at the international level and steps will be taken to restore weak banks, said Ahsan H Mansoor.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

City Bank arranges tk234cr loan for Far East spinning

B Mirror Report: City Bank has successfully arranged a...

Sewing machines distributed to empower women in Sherpur

Sherpuur Correspondent: Fifty underprivileged women in Sherpur Sadar Upazila...

Prime Bank Car House Imports partner to offer exclusive customer benefits

Prime Bank PLC has signed an agreement with Car...

BB introduces new facility to reduce interest rate risk on import loans

B Mirror Report: Bangladesh Bank has introduced a new...