United News of Bangladesh

Bangladesh Bank on Sunday extended the deadline for raw jute exporters to apply for loan rescheduling, aiming to support businesses facing liquidity challenges and help regularise defaulted loans. According to a circular issued by the Banking Regulation and Policy Department (BRPD) of the central bank, exporters now have until June 30, 2026, to submit their applications. Earlier, exporters were required to apply by December 31, 2025, by making a down payment or a one-time deposit of two percent of their existing loan as of December 31, 2024. Bangladesh Bank halts digital bank licensing process following protest Many could not meet the deadline due to complications in both global and domestic export markets. Under the revised directive, customers can apply to the concerned bank by depositing two percent of their defaulted (classified) loan balance. The circular, sent to the Chief Executives of all commercial banks, is effective immediately. Bangladesh Bank said the extension aims to safeguard the interests of exporters and ensure the continued dynamism of the country’s export trade.