The New Nation - Internet Edition

UNB, Dhaka

Bangladesh Bank Governor Dr Salehuddin Ahmed Wednesday assured a leading trade body of continuing the central bank's efforts to reduce interest rates on bank loans.

"BB hopes that in near future there will be a positive trend in reduction of interest rate, charges and fees," he told a meeting with Metropolitan Chamber of Commerce and Industry (MCCI) at the chamber's conference room.

He gave the assurance when chamber President Latifur Rahman said the reduction of highest lending rate by 1 percent is somewhat misleading and said it should be applicable for different categories of outstanding loans. The trade body expected a requisite move by the central bank in this regard at the earliest.