In February 2019, the central bank lowered the timeframe to three years from five years. And what has that achieved?
Bangladesh Bank yesterday substantially relaxed the policy for rescheduling defaulted loans, allowing defaulters to repay term loans over a maximum period of eight years whereas it was previously two years.
In February 2019, the central bank lowered the timeframe to three years from five years. And what has that achieved?
Bangladesh Bank yesterday substantially relaxed the policy for rescheduling defaulted loans, allowing defaulters to repay term loans over a maximum period of eight years whereas it was previously two years.
