BB relaxes loan rescheduling rules for rawhide traders

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DHAKA, July 5, 2020 (BSS) – Bangladesh Bank (BB) has given an opportunity to the rawhide traders to reschedule their loans with a 2 percent down-payment ahead of Eid-ul-Azha.

On a case-to-case basis, demand and continuous loans or investments with a grace period of 1 (one) year may be rescheduled for a maximum period of 6 (six) years and term loans or investments for a maximum period of 8 (eight) years, as per a BB circular issued today.

Traders can apply for availing the facility until July 30.