Bangladesh Bank (BB) has extended until September 30 the deadline for affected business entities to apply for policy support for restructuring their operations and financial obligations.
The Banking Regulation and Policy Department (BRPD) of the central bank issued a circular to the managing directors and chief executives of all scheduled banks on Monday, outlining updated guidelines to ensure the effective implementation of its debt-restructuring framework.
Under the updated guidelines, borrowers who previously received policy support through the “Selection Committee for Policy Support for Business and Financial Restructuring” are also eligible to submit fresh applications to their…