Loans won’t be considered ‘at risk of default,’ if 50pc instalment paid by Dec: Bangladesh Bank
Bangladesh Bank has allowed deferred payment, half of the instalment of the term loan (industrial loan) for the last quarter (October-December) of this year – to reduce classified loan volume, reports UNB.
A classified loan is a bank loan that is at risk of default.
The central bank gave the privilege to facilitate big borrowers. Nothing has been said regarding small and individual borrowers in the circular, though the income of small borrowers decreased due to the impact of Russia-Ukraine war and domestic inflation.
Advertisement
আরও পড়ুন
-
BASIC, National Bank evade merger for now
-
Traders, not journos and people’s representatives have access to info: Debapariya Bhattacharya
-
National Bank destroyed by all quarters
-
National Bank offers money to journos at press briefing
-
PM Hasina expresses gratitude for welcoming her ignoring 1/11 govt’s ban