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Collected & Edited by Email: ,: Banking News Bangladesh

The Bangladesh Bank has allowed banks to provide loans at a maximum interest rate of 9% to small businesses affected by the coronavirus pandemic. The loans, which can range from Tk 1 lakh to Tk 10 lakh, are aimed at helping small businesses meet operational costs and pay salaries during the crisis. The loans will be repayable within 1 year and banks will face no restrictions on loan classification or provisioning against these loans during the repayment period.

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24 views1 page

Collected & Edited by Email: ,: Banking News Bangladesh

The Bangladesh Bank has allowed banks to provide loans at a maximum interest rate of 9% to small businesses affected by the coronavirus pandemic. The loans, which can range from Tk 1 lakh to Tk 10 lakh, are aimed at helping small businesses meet operational costs and pay salaries during the crisis. The loans will be repayable within 1 year and banks will face no restrictions on loan classification or provisioning against these loans during the repayment period.

Uploaded by

farhadcse30
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Collected & Edited by Banking News Bangladesh, Email: [email protected], www.bankingnewsbd.

com

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