BRPD Circular No. 01: Prudential Regulations for Consumer Financing

website: www.bb.org.bd Banking Regulation & Policy Department Bangladesh Bank Head Office Dhaka-1000 January 01, 2015 BRPD Circular No.- 01 Date : ----------------------- Poush 18, 1421

Chief Executives All Scheduled Banks in Bangladesh Dear Sir, Prudential Regulations for Consumer Financing (Regulation for Housing finance) Please refer to Regulation 23 of Guidelines for Prudential Regulations for Consumer Financing, circulated vide BRPD Circular No. 07, dated November 03, 2004, BRPD Circular No. 23, dated June 16, 2010 and BRPD Circular No. 03, dated January 22, 2012. 02. Because of price hike of construction materials for housing and real estate it has been decided to amend the Regulation 23 which will now stands as under: Regulation-23: ‘‘The maximum per party limit in respect of housing finance by the banks will be Tk.12 (Twelve) million. The housing finance facility shall be provided at a maximum debt equity ratio of 70:30. '' Please acknowledge receipt. Yours sincerely, (Chowdhury Md. Feroz Bin Alam) General Manager Phone: 9530252