Under the scheme, the PKSF will guarantee loans taken by its partner MFIs from banks, backed by a Tk240 crore reserve fund. In return, a one-time commission of 0.5% will be charged on the loan amount ...

The Federal Reserve isn’t likely to change interest rates anytime soon, so you may be wondering where you should put your ...

Chicago Fed President Austan Goolsbee has set a higher bar for rate moves "in any direction" until more clarity emerges ...

The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for ...

The second is a $204 million loan for the "SASEC Dhaka-Northwest Corridor Road Phase 2-Tranche 4 Project". Based on the SOFR rate of 4.32% as of 21 April 2025, the loan's grant element is 1.25%, ...

It is virtually impossible to find a savings account with a 7% APY in 2025. See our picks for high-yield savings accounts ...

The Asian Development Bank (ADB) has reaffirmed its enduring partnership with Bangladesh, pledging continued support for the country's reform-oriented development agenda and sustainable growth ...

BENIGN INFLATION gives the Bangko Sentral ng Pilipinas (BSP) room to reduce benchmark interest rates further, but it could stay cautious due to the economic uncertainty caused by the United States’ ...

The Asian Development Bank joins the World Bank and African Development Bank in investing in food systems as a foundation of long-term economic development. A quarter of the $26 million in additional ...

Pakistan and two foreign commercial banks have reached an understanding for a $1 billion loan at an interest ... rate of around 7.6%, which Islamabad is obtaining on the back of Asian Development ...

There’s no official definition of what qualifies as high-interest debt. Still, in general, any debt with an interest rate of 10% or higher is considered high-interest debt. The interest rate ...