Cenbank to look into possibility of extending loan classification period: Governor | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Sunday
June 15, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SUNDAY, JUNE 15, 2025
Cenbank to look into possibility of extending loan classification period: Governor

Banking

TBS Report
16 January, 2025, 06:20 pm
Last modified: 16 January, 2025, 06:54 pm

Related News

  • BB governor meets global litigation funders to mobilise $100m for tracing stolen assets
  • BB governor pushes asset recovery agenda in key UK meetings
  • Bangladesh mulls settlements with tycoons over offshore wealth: BB governor tells FT
  • Bundle worth Tk2,000 priced at Tk3,500: New currency notes scarce at banks, sold at inflated prices in open market
  • Inflation expected to decline more than budget target: BB governor

Cenbank to look into possibility of extending loan classification period: Governor

Mansur also said the central bank will try to examine the present conditions with an aim to ease the process of opening up overseas business offices

TBS Report
16 January, 2025, 06:20 pm
Last modified: 16 January, 2025, 06:54 pm
A file photo of Bangladesh Bank Governor Dr Ahsan H Mansur. Photo: Collected
A file photo of Bangladesh Bank Governor Dr Ahsan H Mansur. Photo: Collected

The Bangladesh Bank will look into the possibility of extending the loan classification period, which is three months at present, Governor Ahsan H Mansur said today (16 January).

He said this in response to a demand from Takseen Ahmed, president of Dhaka Chamber of Commerce & Industry (DCCI), during a courtesy call with the chamber's board members in the central bank headquarters in Matijheel, reads a press statement.

Speaking at the meeting, Mansur also said the central bank will try to examine the present conditions with an aim to ease the process of opening up overseas business offices.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

He also reiterated that he expects the inflation to come down to 7% by June-July of this year. "If the inflation falls down to around 7% in June-July this year, bank interest rates will fall further on the market basis."

Mansur said the central bank has taken a number of initiatives to control overall inflation and hoped that the positive impact will be reflected in the market soon.

"The banks have been directed to open LCs without any margin to keep the prices of goods stable during the upcoming Ramadan, especially during the import of essential goods," he added.

The governor also stated that there is "no crisis of dollar in the market at the moment and the price is quite stable, but the central bank will not determine the value of dollar rather, it will be determined based on the supply and demand of this currency".

"But we are very much cautious about the stability of dollar price in the market and our strong monitoring in the market will be continued," he added.

He, however, finally urged the businessmen to do business with utmost compliance as the central bank will be strict about the compliance issue.

Meanwhile, DCCI President Taskeen Ahmed said, "Considering the overall scenario, our economy is facing a lot of challenges and the recent decision to increase VAT and tax has made the situation even more challenging."

He said high bank interest rates are adding to the soaring cost of doing business.

The DCCI president called on the governor to keep the bank interest rates a little bit lower in the prevailing situation to help the private sector credit flow grow and boost private investment.

"A CMSME entrepreneur has to provide at least 31 documents to get the benefit from the Credit Guarantee Scheme, and for these reasons, small entrepreneurs sometimes are deprived or lose hope of getting credit facilities," said Takseen.

Bangladesh / Top News

Bangladesh Bank / Bangladesh Bank Governor Ahsan H Mansur / Loan Classification

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • AMM Nasir Uddin. File photo: Collected.
    EC moving forward with polls preparations, committed to ensuring level playing field: CEC
  • The Advisory Council of the interim government holds a meeting at the state guest house Jamuna in Dhaka on 10 May 2025. Photo: PID
    CA Yunus to hold meeting with all advisers at Jamuna today
  • Nepal begins 38MW hydropower export to Bangladesh
    Nepal begins 38MW hydropower export to Bangladesh

MOST VIEWED

  • Tour operator Borsha Islam. Photo: Collected
    ‘Tour Expert’ admin Borsha Islam arrested over Bandarban tourist deaths
  • Fighter jet. Photo: AFP
    3 F-35 fighter jets downed, two Israeli pilots in custody, claims Iranian media
  • Infographic: TBS
    Chattogram Port proposes 70%-100% tariff hike
  • Vehicles were seen stuck on the Dhaka-Tangail-Jamuna Bridge highway due to a traffic jam stretching 15 kilometres on 14 June 2025. Photo: TBS
    15km traffic jam on Dhaka-Tangail-Jamuna Bridge highway as post-Eid rush continues
  • Ahsan H Mansur. TBS sketch
    BB governor meets global litigation funders to mobilise $100m for tracing stolen assets
  • Burnt out cars and damaged buildings are all that’s left of this street in Ramat Gan Credit: AP
    Iran threatens to strike US, UK, and French bases if they help defend Israel

Related News

  • BB governor meets global litigation funders to mobilise $100m for tracing stolen assets
  • BB governor pushes asset recovery agenda in key UK meetings
  • Bangladesh mulls settlements with tycoons over offshore wealth: BB governor tells FT
  • Bundle worth Tk2,000 priced at Tk3,500: New currency notes scarce at banks, sold at inflated prices in open market
  • Inflation expected to decline more than budget target: BB governor

Features

Photos: Collected

Kurtis that make a great office wear

1d | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

3d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

4d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

6d | Features

More Videos from TBS

Ishraque seeks chief adviser's intervention for oath as Dhaka South mayor

Ishraque seeks chief adviser's intervention for oath as Dhaka South mayor

45m | TBS Today
Israel asked US to join military campaign against Iran, but US rejects request

Israel asked US to join military campaign against Iran, but US rejects request

1h | TBS World
Iran-Israel direct confrontation; war looms in the Middle East

Iran-Israel direct confrontation; war looms in the Middle East

2h | TBS World
Israel-Iran conflict: Which way is the global economy turning?

Israel-Iran conflict: Which way is the global economy turning?

5h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net