Showing posts with label declassification of the loan which is classified by Bangladesh Bank Inspection Team. Show all posts
Showing posts with label declassification of the loan which is classified by Bangladesh Bank Inspection Team. Show all posts

Monday, June 26, 2017

What are the rules for review for declassification of the loan which is classified by Bangladesh Bank Inspection Team under qualitative judgement at the time of on-site inspection?



Answer:                                                
a) A bank may request the concerned Department of Banking Inspection of Bangladesh Bank to review the classification of any loan for which there is a disagreement on classification that is not resolved during the on-site inspection.
b) Bangladesh Bank will respond to the bank within 15 days of receiving such request.
c) In any case where there is a lingering disagreement between the classification determined by bank management and the classification determined by Bangladesh Bank, the judgment of Bangladesh Bank will prevail.