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Bahrain’s Central bank raises key interest rate

March 21, 2018
0
Bahrain among the leaders in Islamic finance

Manama: The Central Bank of Bahrain (CBB) has decided and effective immediately to raise its key policy interest rate on the one-week deposit facility from 1.75% to 2.00%.

The CBB also decided to increase the overnight deposit rate from 1.50% to 1.75%, the one-month deposit rate from 2.40% to 2.65%, and the lending rate from 3.50% to 3.75%.

Tags: CBBket interest rate
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