2026-05-05

BRPD-1 Circular Letter No. 14: Loan Disbursement to the Leather Sector on the Occasion of Upcoming Eid-ul-Azha

The Bangladesh Bank has issued Circular Letter No. 14 to mandate the disbursement of finance for raw hide purchases in the leather sector ahead of the 2026 Eid-ul-Azha under its special Raw Hide Purchase Scheme. The directive requires banks to strictly utilize disbursed funds for intended raw hide acquisitions, verify all supporting documents, and ensure no diversion of purchased hides to other purposes. Banks must fix a disbursement deadline not exceeding 30 June 2026, report the fixed deadline and guidelines to the Head Office by 31 January 2026, and are prohibited from granting extensions beyond the 2025 scheme's deadline.

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Bangladesh Bank Head Office GPO Box-1000 Bangladesh. website: www.bb.org.bd Banking Policy and Regulation-1 Circular Letter No. 14 05 May 2026 Date ----------------- 22 Baisakh 1433 To All Chief Executive Officers/Branch Managers of Scheduled Commercial Banks in Bangladesh. Subject, Regarding Disbursement of Finance for Raw Hide Purchase in the Leather Sector on the Occasion of Upcoming Eid-ul-Azha. The Raw Hide Purchase Scheme is a special scheme introduced by the Bangladesh Bank to provide adequate finance to raw hide traders in the leather sector for the upcoming Eid-ul-Azha. Under this scheme, the bank provides finance for the purchase of raw hides for the upcoming Eid-ul-Azha in 2026. In this regard, if raw hide (Raw hide) is purchased from any specific supplier during this period, it will be treated as raw hide purchase by the bank, and the bank will ensure proper quality, quantity, and price verification. 2. In this regard, it has been decided that the banks will be responsible for ensuring that the finance disbursed for the purchase of raw hides under the Raw Hide Purchase Scheme is utilized only for the intended purpose and that the required documents are properly verified. In this context, the banks must ensure that the raw hides purchased under this scheme are not diverted to any other purpose and are used strictly for the intended raw hide purchase. 3. In case of purchase of raw hides from the leather sector, the disbursement of finance for the purchase of raw hides for the upcoming Eid-ul-Azha in 2026 has been decided to be disbursed within 30 days from 05 May 2026 under the existing finance disbursement guidelines. 4. Accordingly, it is directed that a deadline for the disbursement of finance for the purchase of raw hides for the upcoming Eid-ul-Azha in 2026 shall be fixed. No extension shall be granted beyond the deadline fixed for the disbursement of finance for the purchase of raw hides under the Raw Hide Purchase Scheme in 2025. The fixed deadline and the guidelines for the disbursement of finance shall be communicated to the Head Office, Banking Policy and Regulation-1, Bangladesh Bank, Head Office by 31 January 2026. 5. This directive has been issued under Section 45 of the Bangladesh Bank Order, 1991. In charge, Manager: (Name/Title) (Md. Golam Rabbani Bhuiyan) Chief Manager (Circular Letter-1) Phone: 9530252

Manager-(K) Guidelines/Instructions for Disbursement of Finance for the Purchase of Raw Hides on the Occasion of Upcoming Eid-ul-Azha for Raw Hide Purchase 2026. Bank's Note (In the space below) Deadline for Disbursement of Finance for the Purchase of Raw Hides for the Upcoming Eid-ul-Azha in 2026 On or before 30/06/2026 Guidelines for Disbursement of Finance Purpose/Use of Finance Reason if Finance is not disbursed within the deadline Branch Manager's Note for Disbursement Signature Branch Seal Annexure (To All Chief Executive Officers/Branch Managers)