On Jan. 14, BNG CB extended deadline for refinancing scheme.
BNG CB extended refinance scheme deadline to Dec. 31, 2024 to support cinema hall owners; previous application deadline was Dec. 31, 2023 as previously communicated.
Follows BNG CB Feb. 2021 updated on refinance scheme for cinema owners, #98248.
Extension
This circular contains directives issued pursuant to the Bank company act 1991.
Despite considerable interest from cinema hall owners in taking up loans under refinancing, loan process, many were not able to submit loan applications on time.
This was due to lack of understanding; significant number of applications unsuccessful.
Effectiveness
Extended deadline for submission of applications to BNG CB until Dec. 31, 2024.