Circulars/Notifications - Banking Supervision Department  
 BPRD Circular No.08
April 26, 2000  

All Banks,

Rate of Mark Up for Commodity Operations
of the Government and their Agencies


Please refer to BPRD Circular letter No.38 dated 26th July, 1997 through which the rate of mark up for commodity operations of the Government has
been fixed at 16.5% per annum.

It has now been decided to reduce the said mark up rate from 16.5% to 12% dper annum. The said mark up rate will be applicable with effect from
April 1, 2000.

Please acknowledge receipt.


Yours faithfully,
Sd/-
(Kazi Abdul Muktadir)
Director

       
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