Regulatory Alerts2026-07-16
Added · Updated
FSIPD Circular No. 05: Policy support for restructuring business and financial condition of affected borrowers
Finance companies operating in Bangladesh are authorized to provide special restructuring and restructuring facilities to affected borrower institutions, extending policy support previously available only to bank company customers. This authorization is contingent upon compliance with the Finance Company Act, 2023, and requires that all application processing and board of directors' approvals be completed by 30 September 2026. The directive, issued under Section 41(1)(a) of the Finance Company Act, 2023, takes effect immediately.
Topics
Share