In the dynamic landscape of Bangladesh’s economic policies, the recent shifts in the monetary domain have captured the attention of key players. The Bangladesh Bank’s unveiling of its monetary policy for the second half of the fiscal year 2023-24 has triggered reactions, discussions, and raised expectations. Let’s delve into the intricacies of this significant development,… Continue reading BB Declares Contractionary MPS for January-June 2024
Category: Money Market Regulations
What is the reference rate?
In the vast world of finance, interest rates play a pivotal role in determining the cost of borrowing and the return on investment. However, arriving at an appropriate interest rate for financial transactions can be complex. This is where the reference interest rate comes into play. In this blog post, we will delve into the… Continue reading What is the reference rate?
SMART Reference Lending Rate in Bangladesh-Is it Really Smart?
Article by A.Y.M. Solaiman Reviwed by Mahbubur Rahman The “six-month moving average rate of treasury bills (SMART)” is a new monthly reference lending rate formula introduced by Bangladesh Bank on June 19, 2023, to be implemented in July 2023. It replaced the single-digit 6%-9% interest cap regime. The rate is fixed based on the weighted… Continue reading SMART Reference Lending Rate in Bangladesh-Is it Really Smart?
Bancassurance in Bangladesh | All you need to know
Bancassurance is a term used to describe a business model in which a bank and an insurance company cooperate to offer products to their customers. The goal of Bancassurance is to provide customers with a one-stop-shop for all their financial needs. In addition to providing convenience, it also offers customers the opportunity to save money… Continue reading Bancassurance in Bangladesh | All you need to know