Bangladesh Bank (BB) on Thursday asked all scheduled banks to suspend instalments of farm loans in the flood-hit districts until the situation improved.
The central bank, in a circular, also asked the banks to disburse fresh loans among farmers who had been affected in the crop, fisheries and livestock sectors in order to help them overcome their losses.
Necessary steps should be taken regarding non-payment of loans on the basis of banker-customer relationship and without filing any new certificate cases, says the BB circular.
BB also asked the banks to relax payment policies on rescheduling defaulted agriculture loans, approving fresh loans for farmers through taking reality and demand into consideration and without resorting to any harassment.
The BB circular specified Kurigram, Bogra, Gaibandha, Sirajganj, Sherpur, Jamalpur, Tangail, Faridpur, Shariatpur, Rajbari, Madaripur, Manikganj, Munshiganj, Chandpur, Feni, Brahmanbaria, Nilphamari, Lalmonirhat, Sylhet, Sunamganj, Habiganj, Moulvibazar, Netrokona and Kishoreganj as flood-hit districts.
