On Apr. 8, BNG CB defined past due/overdue fixed term loans.
BNG CB issued circular on the definition of past due and overdue fixed term loans.
Past Due and Overdue Loans
According to BRPD circular 03 of 2019, if any part of installment is not repaid within the expiry date, the unpaid portion will be treated as past due/overdue after 6 months.
Definition revised; if any part of installment not repaid within expiry date, the unpaid portion will be treated as past due/overdue after 3 months, effective Sep. 30, 2024.
From Mar. 31, 2025, any part of installments not repaid within the fixed expiry/due date, the unpaid portion will be treated as past due/overdue from the following day.
