Regulatory Alerts2019-05-16
Added · Updated
BRPD Circular No. 04: Incentives to Good Borrowers
Bangladesh Bank mandates that scheduled banks identify good borrowers annually by September based on non-performing loan status and repayment regularity over the preceding 12 months. Banks must provide a minimum 10% rebate on interest or profit paid during that period, alongside additional incentives such as credit card rewards, annual certificates, and publication in annual reports. The circular applies to all scheduled banks operating in Bangladesh, excludes restructured or rescheduled borrowers, and requires submission of incentive data by April 30 of the following year.
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share