What are the exceptional cases where bank may allow loan facility above the large loan ceiling of a customer for that bank?

Answer:

a) A public limited company, which has 50% or more public shareholdings, shall not be

considered as an enterprise/organization of any group.

b) In case of credit facilities provided to the government or against government guarantees

and AAA rated Multilateral Development Banks’ (MDBs) guarantee[ Multilateral Development Banks (MDBs) include: the World Bank Group comprising the International Bank for Reconstruction and Development (IBRD) and the International Finance Corporation (IFC), the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IADB), the European Investment Bank (EIB), the European Investment Fund (EIF), the Nordic Investment Bank (NIB), the Caribbean Development Bank (CDB), the Islamic Development Bank (IDB) and the Council of Europe Development Bank (CEDB).]

c) In case of credit facilities sanctioned by the banks to the borrowers in order to produce, transmit and distribute electricity against any award provided by the Power Division of the Ministry of Power, Energy and Mineral Resources or the institutions controlled by the said division [such as – Bangladesh Power Development Board (BPDB), Rural Electrification Board (REB), Power Grid Company of Bangladesh (PGCB), Electricity Generation Company of Bangladesh (EGCB), Dhaka Power Distribution Company (DPDC), Dhaka Electric Supply Company Limited (DESCO), Ashuganj Power Station Company Limited (APSCL), West Zone Power Distribution Company (WZPDCO), North West Zone Power Distribution Company Limited (NWZPGC)],

d) In case of interbank money market transactions with a contractual maturity of less than one year,

e) In case of loans backed by cash and encashable securities (e.g. FDR of the same bank), shall not be applicable and the actual financing facilities shall be determined by deducting the amount from the outstanding of principal balance of the loans.

f)In case of issuing Bank Guarantee for Padma multipurpose bridge construction project.