Bangladesh Bank (BB) has allowed non-resident Bangladeshis (NRBs) to borrow up to 75% of the total cost for housing purposes, instead of the previous ceiling of 50%.
As such, NRB borrowers now only have to pay one quarter of the property price to qualify for the credit to buy it.
The central bank announced the directive to all managing directors and chief executive officers of authorised dealer (AD) banks of foreign exchange through a circular on Sunday.
The circular, issued by the Foreign Exchange Policy Department (FEPD) of BB, read: “In order to enhance housing finance facility to NRBs working abroad, it has been decided that they may avail housing finance facility at a maximum debt equity ratio of 75:25 instead of the existing debt equity ratio of 50:50. Other instructions in this context shall remain unchanged.”
The previous debt equity ratio of 50:50 was announced through a circular on December 6, 2015.
Regarding the increased home loan facility for NRBs, a BB official told the Dhaka Tribune: “Expatriate Bangladeshis send a lot of money into the country. They are financially capable enough to repay the debt. That’s why it is a good move to increase the ceiling of home loans to NRBs to 75% of funds.”
“The move might even help to revive the real-estate sector of the country, which has long been in the doldrums,” added the official.
Thursday, June 04, 2026
