The increase in borrowing costs has been attributed to the rise in the benchmark rate, the six-month moving average interest rate (Smart) of the 182-day treasury bill, which climbed to 9.61% for...

Bankers point to a pre-election deceleration in investment activity as a key driver behind the surge in deposits within the banking sector

Earlier in June, the Bangladesh Bank had increased the policy rate from 6% to 6.5%.

According to the latest data from the central bank, banks collected deposits at an average interest rate of 4.52% in August, which was 4.46% in July

Banks will collect this fund from the central bank at a 2% interest rate

Commonwealth Trade and Investment Forum to be held in Dhaka on 13-14 September

According to the central bank data, NBFIs are currently collecting deposits at an average interest rate of 8.02%

Increasing interest expenses pose an even tougher challenge for firms that have already increased their bank liabilities to expand operations and create jobs

The central bank also plans to move away from the lending rate cap regime and introduce an interest rate-based monetary policy, following the suggestion of the International Monetary Fund (IMF).

There’s little point in taking a break from hikes if what follows is more hawkishness