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23/06/2016 |
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The presentation is about the growing mortgage market in Bangladesh by World Bank. It states that both banks and private non-bank finance companies are scaling up their mortgage production. Credit conditions remain relatively expensive for the loans extended by private lenders (14-15% at 10-15 years) but reflect the changing macro situation/inflation. The timing for further reforms is appropriate as the production of accessible housing for a larger part of the urban population is a national priority by authorities.
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