Bangladesh Bank has granted substantial concessions to the country’s largest loan defaulters—specifically targeting individuals and entities with defaulted loans exceeding Tk1,000 crore. Under this facility, eligible borrowers can reschedule or renew their loans for up to 15 years, including a 2-year grace period during which no payments are required. Borrowers with defaulted loans below Tk 1,000 crore will not qualify for this benefit. The central bank issued a circular regarding this policy on...
