In line with the RMA Circular referenced RMA/RSD/293 dated 21July 2016, updated on August 8, 2016, the Royal Monetary Authority of Bhutan has revised the Single MLR from 7.02 percent (as of December 2019) to 6.86 percent in June 2020. This revised MLR shall remain effective for the next six months commencing September 2020 until February end 2020.
All the financial institutions (including the banks and non-bank financial institutions) are expected to revise their final lending rates of various loan products >within September 2020 using the above revised Single MLR.