Bangladesh gives bank loan defaulters until December to repay instalments - News Summed Up

Bangladesh gives bank loan defaulters until December to repay instalments


Bangladesh Bank on Monday issued a circular extending the timeframe for repaying loan instalments. As the outbreak intensified, the central bank subsequently extended the moratorium for another three months to September. But the latest decision did not sit well with Khondkar Ibrahim Khaled, former deputy governor of Bangladesh Bank. What is going on in the banking sector? I have no clue what the central bank is doing.


Source: bd News24 September 28, 2020 17:15 UTC



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