Regulatory Alerts2026-03-15
Guidelines on Credit Card Operations of Banks
Bangladesh Bank has issued updated Guidelines on Credit Card Operations to establish a comprehensive regulatory framework for all scheduled banks and authorized credit card issuers in the country. The directive mandates strict risk management and responsible lending practices, including a Tk 20 lakh unsecured credit limit cap for personal cards, a maximum effective annual interest rate of 25%, and mandatory transparency in fee structures and contract terms. It further regulates card issuance, marketing, co-branding partnerships, and consumer protections while requiring periodic credit limit reviews and prohibiting adverse credit classification for unpaid non-transactional fees.
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