Lifeline for raw jute exporters: Loan rescheduling deadline extended to Dec 31
Dhaka, Sept. 24 -- In a major relief for 100 percent foreign currency-earning raw jute exporters, Bangladesh Bank (BB) has extended the deadline to resolve their classified loan issues and complete loan rescheduling applications until December 31, 2026.
The central bank issued a circular letter (BRPD-1 Circular Letter No. 33) to the managing directors and chief executive officers of all scheduled banks on Thursday, providing fresh policy support to address ongoing trade disruptions in the raw jute sector.
According to the new circular, exporters with adversely classified loans-classified as Sub-standard (SS), Doubtful (DF), or Bad/Loss (B/L) as of September 30, 2026-can apply for rescheduling by depositing a 2 percent down payment of th...
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