Bangladesh Bank has introduced several loan incentives and policy benefits to help the economy recover from the impact of the pandemic. A notable policy was not to penalise companies for being unable to make their loan payments. Following the meeting, the central bank issued a statement saying that it would make a ‘reasonable’ decision on the issue after taking the opinions of bankers into consideration. It then announced the easing of the loan burden until February 2023 in its notice on Wednesday. There has been a recent rise in infections, and floods have caused extensive damage in the north and northeast of the country," the central bank said in a statement.

Source: bd News24 June 23, 2022 13:50 UTC