Regulatory Alerts2022-06-22
Added
BRPD Circular No. 14: Loan Classification
Bangladesh Bank provides temporary relief from loan classification for specific loan categories disbursed under previous circulars, contingent on minimum installment payments made between April 2022 and December 2022. Large industries must pay at least 50%, 60%, and 75% of installments for the respective quarters ending June, September, and December 2022, while CMSME and agriculture loans require 25%, 30%, and 40% respectively. Flood-affected districts receive exemptions for agriculture loans and relaxed terms for CMSME loans, with no penalty interest charged on these accounts during the period. Remaining installments must be repaid in equal monthly or quarterly installments within one year after the original maturity date.
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