Regulatory Alerts2013-12-23
Added · Updated
BRPD Circular No. 15: Flow of Financing for the Effected Productive Activities and Business
The circular permits banks to determine down payments and repayment tenors on a banker-customer relationship basis for genuine borrowers in affected sectors (excluding agriculture and SMEs) to maintain business operations, subject to internal bank approval and Bangladesh Bank's no-objection. For the agriculture sector, banks are authorized to set reasonable down payments and repayment periods for rescheduling loans based on the banker-customer relationship, similar to SME practices. These measures remain effective until June 30, 2014.
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