a) If
a loan account of an export-oriented garments industry or knit garments factory
becomes adversely classified due to stock lot, the loan may be rescheduled
without the required down payment. However, the sales/export proceeds from the
stock lot must be used to repay the loan. If any such loan account remains
unadjusted even after repaying the loan with sales/export proceeds of the stock
lot, the loan may be rescheduled without the required down payment based on
recovery probability and banker-customer relationship.
The
above mentioned facilities will not be applicable to forced loan, project loan
or term loan in this sector. Only such forced loans, which are backed up with
stock lot may avail such facilities. After rescheduling, new loan facility or
loan expansion application will be considered only after paying at least 7.5%
of the “Outstanding Balance”. New loan facility from other banks is subject to
the obtaining of NOC from the rescheduling bank.
b) If
a loan account of fertilizer importers becomes adversely classified due to
delay in government subsidy receipts and payment of subsidy bill, the loan may
be rescheduled without the required down payment. However, the receivable
government subsidy must be used to repay the loan. If any such loan account
remained unadjusted even after repaying the loan with a government subsidy, the
loan may be rescheduled without the required down payment on the basis of
recovery probability and banker-customer relationship.
c) For
rescheduling as above no prior approval of Bangladesh Bank will be required;
unless there is a requirement from Bangladesh Bank in the context of large loan
or related to the director of the bank.
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