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Thursday, 20 October 2011

BB eases margin loan terms

AppId is over the quota
AppId is over the quota
Dhaka, Oct 19 (bdnews24.com) - In its desperate bid to infuse liquidity into stock market, the central bank has relaxed terms of reschedule for margin loan defaults.

The Bangladesh Bank, in a circular issued on Wednesday, said by following the guidelines, the banks can reschedule margin loans themselves.

The circular also said they would take a positive view of the request to relax down-payment norms.

bdnews24.com/arh/ost/nir/1350h


Source: bdnews24.com


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