2018-02-20

Added · Updated

BRPD Circular No. 01: Loan Classification and Provisioning

Banks in Bangladesh must maintain a 1% General Provision against all unclassified Housing Finance loans under Consumer Financing, reducing the previous requirement of 2%. This change applies to all Scheduled Banks in Bangladesh and replaces the provision rate specified in BRPD Circular No. 05 dated May 29, 2013. The adjustment takes retrospective effect from 31 December 2017.

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