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FBCCI seeks loan moratorium till December

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The Federation of Bangladesh Chamber of Commerce (FBCCI), apex body of traders, has sought special loan moratorium facility till December this year.

The FBCCI president Md. Jasim Uddin sought this benefit due to the global economic downfall for Covid-19 pandemic and Russia-Ukraine war.

He told reporters after a special meeting with Bangladesh Bank on Tuesday (May 31).

Jasim Uddin said, “We have requested the Governor of the Central Bank to set up a special fund for long term loans in the banks, which is very important for business.โ€

Moreover, FBCCI sought more remittance incentives. A remittance fighter who sends remittances from outside the country is encouraged when he gets some opportunities, even though he is being offered benefits including CIP.

After the meeting, Bangladesh Bank Executive Director and Spokesperson Sirajul Islam said, “We will consider the issues of FBCCI.”

However, no decision is going to be announced now.

โ€œThe FBCCI has requested for an increase in remittance incentives, but Bangladesh Bank will not take any decision in this regard alone. This matter is related to the government,โ€ he added.

Source: United News of Bangladesh