VDB Loi
  • About
  • Recognition
  • Our Management
  • News and Events
    • News
    • Events
  • Expertise
  • Offices
    • Bangladesh
    • Cambodia
    • Indonesia
    • Laos
    • Myanmar
    • Vietnam
  • Publications
    • Bangladesh
    • Cambodia
    • Indonesia
    • Laos
    • Myanmar
    • Vietnam
    • Law Digests
  • Careers

Bangladesh Keyword: Loan Classification

Circular No. 03 dated 2 February 2023 issued by the Banking Regulation and Policy Department of the Bangladesh Bank on “Loan Classification and Provisioning”
March 4, 2023
https://vdb-loi.com/bd_publications/circular-no-03-dated-2-february-2023-issued-by-the-banking-regulation-and-policy-department-of-the-bangladesh-bank-on-loan-classification-and-provisioning/

Banks are required to maintain a general provision of 1% on unclassified amounts for loans to brokerage houses, merchant banks, and stock dealers. Previously it was 2%.