BB extends time to adjust single-party exposure limit
Posted by Tue, Sep 20 2011 03:23 am
on Bangladesh Bank has extended time for commercial banks to adjust single borrower exposure limit by another year in a bid to bring stability in the crisis-ridden market. A central bank circular on Monday said the commercial banks would not be allowed to increase their existing loan balance during the extended period. The decision came last week from the central bank as it allowed four more months for the banks to go by the decision to restore the investors' confidence.
News: Daily Sun/ Bangladesh/ 20-Sep-11
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