Bangladesh Bank today said borrowers of non-bank financial institutions will get fresh repayment deferral support for three months till June 30 this year.
The borrowers who will face trouble to repay instalments during the Covid-19 pandemic will enjoy the support, the banking watchdog said in a circular.
The same policy will be applicable in case of calculation of interest or profit loans or leases. No penalty on interest or additional charges can be imposed at this time, it said, adding that this instruction will be implemented shortly.
Considering the negative impact of coronavirus on the economy, some relaxation has already been brought about the classification of loans or leases of financial institutions, according to the circular.