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BHBFC to cut interest rate for flat loan

flat loan

MNA Business Desk: Bangladesh House Building Finance Corporation (BHBFC) plans to lower the interest rate for its flat loan scheme to single digit as some private banks have already cut the interest rates on flat loans. Some leading private banks and financial institutions, including BRAC Bank, Eastern Bank, Standard Chartered, City Bank, IFIC, have already brought down the interest rates on flat loans. The interest rate for house building was brought down to 9 per cent from 12 per cent while the interest rate for flat loan was fixed at 10 per cent. In April this year, BHBFC increased loan ...

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