ACD Circular Letter No. 03: About CIB Reporting for Agricultural and Rural Credit

Phone: 88-02-9550448, 9554896, IP: 88-02-55665001-6, Fax: 88-02-9530479, Dobon: ACD Circular Letter No. 03

Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Bangladesh.

ACD Circular Letter No. 03
Date: -------------------

Managing Director / Chief Executive Officer
All Scheduled Banks Operating in Bangladesh.

Dear Sir,

Regarding CIB Reporting and Investigation.

2. Reference is drawn to your attention to ACD Circular Letter No. 01 of this department dated March 23, 2025, and Appendix No. 2.1.6 and 2.1.10 of the Agricultural and Rural Credit Policy and Procedure for the fiscal year 2025-26. Through CIB Circular Letter No. 02 issued by the Credit Information Bureau on May 5, 2025, in the context of the aforementioned ACD Circular Letter No. 01, an opportunity has been provided to waive the applicable service charge for the preparation of the CIB Report related to new credit applications or renewal of existing credits up to a maximum of 2.50 Lakh Taka in all sectors, including the crop sector covered under agricultural and rural credit. However, even though banks are collecting CIB charges from customers, they are applying to Bangladesh Bank for reimbursement of CIB charges only against a very small number of credits among the distributed agricultural and rural credits. Consequently, a large number of credit recipients are being deprived of the benefit of the said charge waiver. It is mentioned that Appendix No. 2.1.6 of the Agricultural and Rural Credit Policy states that, as a priority sector, banks shall not impose any other type of charge, processing/monitoring fee, etc. (however named) other than the interest fixed by banks to ensure customers' access to low-interest agricultural and rural credit.

3. Now, with the objective of facilitating credit access, instructions are given to banks not to collect CIB charges from customers for the approval or renewal of agricultural and rural credits up to 2.50 Lakh through the bank's own channels (excluding Bank-CIB/CIU Linkage).

4. Other instructions contained in the aforementioned Circular Letter and Policy issued by this department shall remain in force as usual.

5. These instructions are issued under the powers conferred by Section 45 of the Bank Company Act, 1991.

These instructions shall be implemented immediately.

Yours faithfully,

(Debashish Sarkar)
Director (ACD)
Phone: 9530138
Agricultural Credit Department
50119
5 Bhadro 1432
15 September 2025