They observed that as bad borrowers are not servicing their loans, it has become difficult for honest businessmen and genuine borrowers to get bank loans. FBCCI President Md Shafiul Islam Mohiuddin attended as chief guest, while Sheikh Fazle Fahim, senior vice president of the apex trade body, chaired the meeting. The government’s efforts to facilitate growth of the country’s business sector are laudable,” the FBCCI president said. The FBCCI president also said there is a tendency to raise interest rates,let alone reducing lending rates to single digits. President of Fish Farm Owners Association, Samsur Rahman Shaheen, said: "We are fighting to keep bank loan interest rates between 5-7%.

Source: Dhaka Tribune February 17, 2019 17:37 UTC