• Tuesday, Jan 18, 2022
  • Last Update : 03:32 am

PM to bankers: Live up to single-digit interest rate promise

  • Published at 10:53 pm January 6th, 2020
Sheikh Hasina
Prime Minister Sheikh Hasina addresses a programme at Ganabhaban in Dhaka on Monday, January 6, 2020 Focus Bangla

'This time, you must not break your commitment'

Prime Minister Sheikh Hasina has urged bank owners not to go back on their promise this time as in the past to bring down the interest rate to single digit.

"I have fulfilled all of your demands one after another, but you did not keep your promise. This time, you must not break your commitment (to lower the interest rate). You will have to live up to your promise," she said.

The prime minister said this while addressing a programme at Ganabhaban in Dhaka on Monday, reports UNB.

In the program, Bangladesh Association of Banks (BAB) donated Tk225 crore to Father of the Nation Bangabandhu Sheikh Mujibur Rahman Memorial Trust to celebrate the birth centenary of Bangabandhu during the "Mujib Barsho" (Mujib Year) from March 17, 2020 to March 26, 2021.

As BAB Chairman Nazrul Islam Mazumder mentioned that the single-digit interest rate -- 6% for deposit and 9% for lending -- will be implemented from April 1 as per the deadline, she said:"I hope that it will come into effect. Or else, the investment will be hampered and it will face problems."

After a meeting with private banks' sponsors and managing directors at the BAB headquarters recently, Finance Minister AHM Mustafa Kamal said banks would have to implement the 9% interest rate from April 1 next as per Prime Minister Sheikh Hasina's instruction.

At the same time, banks will have to pay 6% interest on deposits, he said.

Prime Minister Sheikh Hasina inaugurates 'Mujib Corner' at the BAB association office from her residence at Ganabhaban in Dhaka on Monday, January 6, 2020 | Focus Bangla

'2020 is very important for Bangladesh'

The prime minister said the year of 2020 is very important for Bangladesh as it will celebrate the birth centenary of the Father of the Nation during the period.

After the 1975, she mentioned, the subsequent governments wanted to erase Bangabandhu's name from history. 

"But no one will ever be able to erase his name from the country's history," she said.

Hasina said Bangabandhu liberated the country after a long struggle and the government just wants to ensure that the fruits of the independence reach each and every door of the country. 

"Even the most neglected people who are living in villages will enjoy the fruits of the independence. Their lifestyle will be improved and that is our aim."

She said the people of the country will always move around the world keeping their heads high as the victorious nation. 

"They will not bow down to anyone…that is our aim. We will always move with our dignity."

The prime minister also said Bangladesh is not lagging behind compared to any other country of the world.

PM urges all not to be crazy for bringing foreign investments

She urged all not to be crazy for bringing foreign investments here as entrepreneurs of the country are capable enough to invest in their own country. 

"We are establishing 100 economic zones. You will invest there and foreign investments will also come. Everything will happen simultaneously."

Hasina said the government wants to build the country in such a way from where it needs not to look back again. 

"The unhindered advancement of Bangladesh has to be maintained. I just want that its march-forward must not collapse."

Earlier, the prime minister handed over cheques for financial assistance to an organization and 23 individuals, including ailing freedom fighters, families of a number of Awami League workers killed by BNP-Jamaat terrorists, sports organizers and three gold medal-winning national athletes.

Hasina also provided three flats to Mahfuza Khatun Shila, Mabia Aktar Shimanto, and Shakil Ahmed who secured gold medals in swimming, weightlifting and shooting respectively in the 12th SA Games.

Besides, the prime minister handed over keys of microbuses to authorities of Government Bangabandhu College at Pallabi in the capital and Nawab Siraj-Ud-Dowla Government College in Natore.

Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail