Bangladesh Bank has been urged by the International Business Forum of Bangladesh (IBFB) to extend the deadline for submitting loan rescheduling applications, citing procedural delays and the impact of upcoming national political events on business operations.
In a letter to the central bank governor, the IBFB welcomed Bangladesh Bank’s circular issued on 16th September 2025 (Circular No. 7 of the Banking Regulation and Policy Department), which introduced relief measures for businesses facing financial stress. Under the circular, companies seeking to reschedule their loans are required to submit applications by 31st December 2025.
However, the business body said many firms are struggling to complete the required formalities within the stipulated timeframe. It pointed to disruptions linked to the forthcoming national parliamentary election and referendum scheduled for February 12, 2026, which are expected to slow administrative and financial processes.
To ensure that eligible businesses can fully benefit from the relief measures, the IBFB has proposed extending the application deadline by three months, until 31st March 2026.
The International Business Forum of Bangladesh is a platform representing a cross-section of the country’s business community, including entrepreneurs, exporters and investors. It works to promote a conducive business environment by engaging with policymakers, advocating reforms and providing policy input on trade, investment and financial sector issues
