DHAKA, Oct 5, 2023 (BSS) - Bangladesh Bank (BB) has informed that banks can now add 3.50 percent with the reference lending rate which is also known as SMART rate.

Earlier, it was 3 percent.

For pre-shipment export and agriculture loans, banks can add 2.5 percent with SMART rate which is measured by six months moving average rate of treasury bills, as per a BB circular issued today.

It was 2 percent earlier.