Rawhide traders to get loans even with overdue from last year | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • 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

Monday
June 16, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • 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
MONDAY, JUNE 16, 2025
Rawhide traders to get loans even with overdue from last year

Trade

TBS Report
13 July, 2021, 10:45 pm
Last modified: 13 July, 2021, 10:50 pm

Related News

  • Imam-Muazzins to get profitless small loans
  • Court freezes 358 bank accounts of Salman F Rahman, associates
  • Task force favours infrastructure bonds, warns of risks from G2G loans from India, China
  • ACC probes $1b laundering, seeks S Alam's Islami Bank loan records
  • New board to audit all loans taken from Islami Bank in last 7.5 years: Sources

Rawhide traders to get loans even with overdue from last year

The directive issued by Bangladesh bank will allow rawhide traders to take loans to purchase skin of sacrificed animals even with their existing unpaid loans

TBS Report
13 July, 2021, 10:45 pm
Last modified: 13 July, 2021, 10:50 pm
File Photo: Mumit M/TBS
File Photo: Mumit M/TBS

Bangladesh Bank instructed all banks to provide loans and investment facilities to the rawhide traders even if they (the traders) have overdue from last year.

The facility will allow traders to take loans to purchase the skins of the sacrificed animals even with their existing unpaid loans on the occasion of the upcoming Eid-ul-Azha.

The directive was issued on Tuesday by the organisation's banking regulation and policy department. 

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

To get the loans, traders are required to store stock, equal to the amount overdue from 2020 in the warehouses of the concerned organisations and provide a down payment equal to 1/3 of the overdue amount to renew their loans for a maximum of three years.

After renewal, following the standard banking practices, the scheduled banks can provide loans equal to the predetermined quota amount for 2020 Eid-ul-Azha, based on banker-client relationships.

Furthermore, in favour of the borrowers, the banks cannot collect any type of compromised amount when giving loans for buying animal hides during 2021 Eid-ul-Azha.

This opportunity will be available until 31 August 2021, said Bangladesh Bank.

Due to the impact of Covid-19 and the existing problems in the leather industry, some of the loans disbursed to the leather traders last year to purchase skins of sacrificial animals remained unpaid. 

But Tuesday's directive will allow the traders to take loans this year, despite their existing loans. 

Bangladesh / Economy / Top News

Rawhide traders / loans

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

  • Bangladesh High Commissioner to the United Kingdom Saida Muna Tasneem. Photo: Collected
    ACC launches inquiry against ex-UK envoy Saida Muna, husband over laundering Tk2,000cr
  • Photo collage of ousted former prime minister Sheikh Hasina, former home minister Asaduzzaman Khan Kamal and former inspector general of police Chowdhury Abdullah Al Mamun, all of them are accused in the case. Collage: TBS
    ICT orders newspaper ads summoning Hasina to appear before tribunal on 24 June
  • ACC Chairman Mohammad Abdul Momen at a press briefing on 16 June 2025. Photo: TBS
    UK crime agency to train ACC on bringing back laundered money

MOST VIEWED

  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Merger of 5 Islamic banks at final stage: BB governor
  • UCB launches Bangladesh's first microservices-based open API banking platform
    UCB launches Bangladesh's first microservices-based open API banking platform
  • Photo: Collected
    Pakistan rejects reports of missile supply to Iran
  • Non-performing loans surge by Tk74,570cr in Q1 as hidden rot exposed
    Non-performing loans surge by Tk74,570cr in Q1 as hidden rot exposed
  • Crore-taka bank accounts edge down by 719 in March quarter
    Crore-taka bank accounts edge down by 719 in March quarter
  • Nepal begins 38MW hydropower export to Bangladesh
    Nepal begins 38MW hydropower export to Bangladesh

Related News

  • Imam-Muazzins to get profitless small loans
  • Court freezes 358 bank accounts of Salman F Rahman, associates
  • Task force favours infrastructure bonds, warns of risks from G2G loans from India, China
  • ACC probes $1b laundering, seeks S Alam's Islami Bank loan records
  • New board to audit all loans taken from Islami Bank in last 7.5 years: Sources

Features

The GLS600 overall has a curvaceous nature, with seamless blends across every panel. PHOTO: Arfin Kazi

Mercedes Maybach GLS600: Definitive Luxury

4h | Wheels
Renowned authors Imdadul Haque Milon, Mohit Kamal, and poet–children’s writer Rashed Rouf seen at Current Book Centre, alongside the store's proprietor, Shahin. Photo: Collected

From ‘Screen and Culture’ to ‘Current Book House’: Chattogram’s oldest surviving bookstore

21h | Panorama
Photos: Collected

Kurtis that make a great office wear

2d | 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

4d | Panorama

More Videos from TBS

ICT orders newspapers ads summoning Hasina to appear before tribunal on 24 June

ICT orders newspapers ads summoning Hasina to appear before tribunal on 24 June

1h | TBS Today
Who was IRGC intelligence chief Kazemi killed in Israeli strike?

Who was IRGC intelligence chief Kazemi killed in Israeli strike?

1h | TBS World
Yunus-Tareq meeting; What Amir Khusru said after returning home after participating

Yunus-Tareq meeting; What Amir Khusru said after returning home after participating

2h | TBS Today
Iran launches missile attack on Israel again

Iran launches missile attack on Israel again

3h | 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