The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has requested the Bangladesh Bank for a further extension of the ongoing loan moratorium facility till June 30 this year.
The country’s apex trade body sent a letter to the Bangladesh Bank Governor Fazle Kabir on Sunday with an urge to extend the existing time for non-classification of loans till June 30, to help businesses ride out the storm of the Covid-19 pandemic.
“If the duration of the ongoing loan moratorium facility is not extended, most of the businesses will unintentionally become defaulters, which will put a negative impact on the country’s entire economy,” FBCCI President Md Jashim Uddin said in the letter.
