Tanners get 3 months’ time extension to repay default loans

Bangladesh Bank today extended the deadline for tanners to repay default loans by three months under relaxed facilities given the upcoming Eid-ul-Azha. The tanneries, which are facing the burden of default loans for years, are now allowed to repay their non-performing loans (NPLs) in a relaxed manner by September, according to a Bangladesh Bank (BB) notice. In addition, BB