Interest or profit rate of deposit and loan or lease or investment

Interest or profit rate of deposit and loan or lease or investment

Oct 6, 2024

DFIM Circular No. 05
New guidelines were introduced for market-based interest and profit rates for loans, leases, investments, and deposits offered by finance companies, replacing the previous SMART-based system. Interest rates will now be determined by the balance between credit demand and the supply of loanable funds, with a flexibility of up to 1% based on customer risk.

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