Committee formed to review interest rates of savings tools

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DHAKA, Aug 7, 2018 (BSS)- Finance Minister AMA Muhith today said a committee was formed to review and interest rates on savings certificates, which will submit a report within the next two months for rationalization of interest rates of savings tools.

The decision was taken at a meeting held at the finance ministry today.

BB Governor Fazle Kabir, Senior Secretary of Financial Institution Division Md Yunusur Rahman and Director General of Directorate of National Savings Bangladesh Shamsunnahar Begum, among others, attended the meeting.

Muhith said decision will be taken on rationalization of the interest rates of savings tools on the basis of the committee’s report after the next general elections.

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