Regulatory Alerts2022-12-18
Added
BRPD Circular Letter No. 51: Loan Classification
The Bangladesh Bank reduces the minimum installment payment threshold for unclassified term loans disbursed between October and December 2022 from 75% to 50% to prevent reclassification into non-performing status. Borrowers must pay this reduced amount by the last working day of December 2022. Unpaid portions of installments due from April to December 2022 for benefited loans must be repaid in equal monthly or quarterly installments within one year after the original loan tenure expires. These instructions are issued under Section 45 of the Bank Company Act, 1991, and take immediate effect.
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