BNG CB Cinema Refinance Scheme


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.

Regulators BNG CB
Entity Types Bank
Reference BPRD Cir Lt No. 03, 1/14/2024
Functions Financial; Legal; Product Administration
Countries Bangladesh
Category
State
Products Banking; Loan
Regions AP
Rule Type Final
Rule Date 1/14/2024
Effective Date 12/31/2024
Rule Id 197959
Linked to Rule :98248
Reg. Last Update 1/14/2024
Report Section International

Last substantive update on 01/17/2024