3% margin to be added with SMART: BB
BI Desk || BusinessInsider
![3% margin to be added with SMART: BB 3% margin to be added with SMART: BB](https://www.businessinsiderbd.com/media/imgAll/2023October/en/BB-2403311646.jpg)
Photo: Collected
Bangladesh Bank (BB) has informed that banks can now add 3 percent with the reference lending rate which is also known as the SMART rate.
Earlier, it was 3.50 percent.
For pre-shipment export and agriculture loans, banks can add 2 percent with the SMART rate which is measured by the six-month moving average rate of treasury bills, as per a BB circular issued on Sunday.
It was 2.50 percent earlier.