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Home Tags Bangladeshi Banks Gradually Raise Deposit Rates Amid Inflation Surge

Tag: Bangladeshi Banks Gradually Raise Deposit Rates Amid Inflation Surge

According to data from Bangladesh Bank, the weighted average rate on deposits offered by banks reached 4.41 percent in May, marking the highest rate in a year. Just a month earlier, the average interest rate stood at 4.38 percent.
Economy

Bangladeshi Banks Gradually Raise Deposit Rates Amid Inflation Surge

The InCAP Desk - 0
In response to the stubbornly high inflation and a lack of savers' appetite, banks in Bangladesh have taken measures to gradually raise interest rates...