Bangladesh Bank implements 18-month default loan recovery strategy

Bangladesh Bank has launched an 18-month initiative aimed at recovering defaulted loans.

Bangladesh Bank implements 18-month default loan recovery strategy

The central bank of Bangladesh has adopted a comprehensive 18-month plan to address the issue of defaulted loans. As part of the initial phase, the first six months will focus on facilitating negotiations between financial institutions and borrowers to recover outstanding debts.

#Bangladesh Bank#Default Loans#Economy