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No interest rate cap on credit card loans: BB

Published on: Sunday 15 January 2023

Banks can now fix interest rate of their credit cards, Bangladesh Bank (BB) said today after allowing the lenders to charge up to 12 per cent interest on consumer credit.

News source: https://www.thedailystar.net/business/business-special-events/monetary-policy-fy22-23/news/no-interest-rate-cap-credit-card-loans-bb-3221671

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My Financial News from Bangladesh, Credit

No interest rate cap on credit card loans: BB