The Bangladesh Bank has directed banks and non-bank financial institutions to upload borrower loan data on a monthly basis, detailing both sanctioned and existing loans within 15 days of each month’s close. This data should be submitted in bulk or through individual entries in the credit information system, with real-time updates required for any status changes between monthly submissions. The directive aims to improve transparency and prevent irregularities, following concerns of data manipulation ahead of national elections. It also aligns with efforts to ensure that loans are properly monitored under their legal entities, preventing violations of the single borrower exposure limit.
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