3pc margin to be added with SMART: Bangladesh Bank (BB)
BSS || Shining BD
Published: 4/1/2024 5:03:40 AM
Bangladesh Bank (BB) has informed that banks can now add 3 percent with the reference lending rate which is also known as SMART rate.
Earlier, it was 3.50 percent.
For pre-shipment export and agriculture loans, banks can add 2 percent with SMART rate which is measured by six months moving average rate of treasury bills, as per a BB circular issued today.
It was 2.50 percent earlier.
Shining BD
