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Interest Rate Convergence in Bangladesh

Rahman, Dewan M. and Akter, Kohinur (2012) Interest Rate Convergence in Bangladesh. The International Journal of Banking and Finance, 9 (1). pp. 81-97. ISSN 1617-722

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Financial liberalization, a widely-accepted policy paradigm since the 1980s, aims to remove financial repression and thus establish an efficient financial sector as a pre-requisite for financial development. Interest rate convergence is one of the obvious outcomes of the interest rate liberalization, a crucial part of financial liberalization. Uniformity of interest rate should be there in a free and competitive financial market. This paper examines the state of interest rate convergence by measuring the degree of convergence in the financial market of Bangladesh, a success case of financial liberalization initiated in the 1990s.

Item Type: Article
Uncontrolled Keywords: Financial sector reform programs, private commercial banks, nationalized commercial banks, foreign commercial banks, specialized banks, interest rate convergence
Subjects: H Social Sciences > HG Finance
Divisions: School of Economics, Finance & Banking
Depositing User: Mrs. Norazmilah Yaakub
Date Deposited: 25 Oct 2018 00:38
Last Modified: 25 Oct 2018 00:38
URI: http://repo.uum.edu.my/id/eprint/25028

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