Financial Repression Tracker

Rules that steer savings into government debt or hold returns below inflation, country by country.

Hold · Rate caps

Bank lending-rate ceilings

What it is
Banking laws or central-bank directives cap loan rates either at an absolute percentage or at a prescribed margin over an official benchmark.
Why it counts
Limits on bank asset yields suppress the returns banks can offer savers and ration private credit, potentially making public debt relatively attractive.

When it was in force

  • Bangladesh: 2020 → 2021, historical; its end is not documented

Example

  1. Bangladesh

    2020 → 2021Historical

    Its end is not documented · As cited: 2020-2021 (documented episode)

    The circular capped lending rates at 9% from April 2020, except for credit cards.

    Bangladesh Bank BRPD Circular No. 03 of 24 February 2020Secondary source
    “lending interest rate cannot be more than 9% for advance or investment except credit card”

    bb.org.bd (opens in a new tab)Checked: quote matched on the page by script

Examples and their dates reviewed .

Further reading

8 more on rate caps