BB extends special loan rescheduling facilities for finance companies
The central bank’s Finance Company Regulation and Policy Department (FCRPD) said the extension aligns the regulatory support available to NBFI borrowers with facilities already provided to clients of commercial banks.
Bangladesh Bank (BB) has extended special loan rescheduling and restructuring facilities for borrowers of non-bank financial institutions (NBFIs) until 30 September 2026, aiming to support financially distressed but viable businesses, reduce non-performing loans (NPLs) and improve liquidity in the financial sector.
In a circular issued today (16 July), the central bank's Finance Company Regulation and Policy Department (FCRPD) said the extension aligns the regulatory support available to NBFI borrowers with facilities already provided to clients of commercial banks.
Under the directive, finance companies may offer special loan rescheduling and restructuring on a case-by-case basis, considering their relationship with individual borrowers.
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The facilities will be implemented in line with BRPD Circular No 07 dated 16 September 2025, BRPD Circular Letter No 26 dated 24 November 2025, and BRPD-1 Circular Letter No 16 dated 7 May 2026.
The central bank instructed finance companies to comply with the provisions of the Finance Company Act, 2023, and all relevant regulatory guidelines while implementing the facilities.
It said applications from eligible borrowers and approvals by the respective finance company's board of directors must be completed by 30 September 2026.
According to the circular, the measure is intended to help viable businesses facing temporary financial difficulties return to profitability, improve loan recovery for financial institutions and support broader economic activity.
