guidelines

BB’s new guidelines for credit risk management

MNA Business Desk: Bangladesh Bank has issued a set of newly modified guidelines for credit risk management for the country’s scheduled banks, reported news agency.

In a circular issued, the Banking Regulations and Policy Department (BRPD) of the central bank said the “Guidelines on Internal Credit Risk Rating System for Banks” were adopted to make the risk management system more effective and time-befitting.

The circular said once the new model, based on the guidelines, is followed properly, proper persons and organisation will get loans easily and it will also play an assistive role in reducing the volume of the default loans of banks.

x

Check Also

Toshiba

Toshiba net profit up 26% in fiscal 2018

MNA Business Desk: In the year that ended March, Japanese engineering firm Toshiba’s net profit ...

Scroll Up