Regulatory Alerts2025-09-29
Added
CIB Circular No. 01: Regarding reporting of private sector external debt (including suppliers' credit) information to the CIB database
Bangladesh Bank mandates all scheduled banks and finance companies to report private sector external debt, including suppliers' credit, to the Credit Information Bureau (CIB) database. Reporting must commence on November 1, 2025, covering data up to October 2025 and subsequent loans on a monthly basis, with real-time updates for new or modified debts. The directive requires specific data fields for contract types, approved foreign currencies, and approval authorities, and applies penalties for false or concealed information under existing CIB circulars.
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