FBCCI president Shafiul Islam said interest rates on lending could not be reduced to single digits, but there is a tendency to increase the lending ratesBanks have failed to keep their promise to bring down interest rates to single digits, but on the contrary, they have increased lending rates, FBCCI President Shafiul Islam Mohiuddin has said. Sheikh Fazle Fahim, FBCCI senior vice president and president of council of chamber presidents, chaired the meeting. Shafiul Islam said interest rates on lending could not be reduced to single digits, but there is a tendency to increase the lending rates. Khulna Chamber President Kazi Aminul Haque claimed that local revenue officials do not care for the district chambers. Rangpur Metropolitan Chamber President Rezaul Islam Milon said that taking permission from the district chambers to start any business should be made mandatory.

Source: Dhaka Tribune February 12, 2019 18:22 UTC