Home Bangladesh Banks’ interest rate spread rises to 3.05pts
Bangladesh - Bank & Finance - May 12, 2021

Banks’ interest rate spread rises to 3.05pts

The overall weighted average interest rate spread in the country’s banking sector rose to 3.05 percentage points in March after remaining below 3 percentage points for several months after the implementation of 9-per cent lending rate.

The weighted average interest rate is the difference between the weighted average lending rate and the weighted average deposit rate in banks.

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

China calls for UN council action, slams US

Chinese Foreign Minister Wang Yi has called on the UN Security Council to seek an early de…