The central bank has sought information about good borrowers from all the commercial banks, as the goodies would enjoy financial incentives.
"We'll issue an instruction for furnishing the information (in prescribed form) to know about the number of good borrowers, amount of rebate on interest and other relevant matters from the banks," a senior official of Bangladesh Bank (BB) told the FE Wednesday.
He also said the central bank may assess the impact of the good credit culture on the country's banking sector after receiving such data.
Earlier on March 19 last year, the central bank had issued a policy for good borrowers for the first time aiming to establish a sound credit culture-in contrast to reported pervasive loan-default culture.
"The banks will have to clear rebates on interest to the good borrowers for 2016 within January 2017," another BB official said.
The banks have already been asked to maintain a separate provision on such incentives from March 19, 2015 through to last December.
After preparing a list of the good customers for 2015, the incentive money has to be paid this calendar year, the central banker explained.
"We're working to monitor the issue closely to facilitate the good borrowers," the central banker noted.
Under the existing policy, a borrower will be considered good one if his or her loan accounts -- continuous, demand and term -- are unclassified-standard for three consecutive years.
The good borrowers will enjoy 10 per cent rebate on interest, paid by them, in the third year. Such a facility will remain effective in the following years, if the borrowers continue to be goodies.
Besides, the good borrowers will be eligible for getting an enhanced credit facility to meet their requirements, according to the policy.
The borrowers will not be considered good if any loan of their affiliated business entities is identified as classified in previous three years.
The central bank offered such incentives to good borrowers after announcing a large loan restructuring policy to benefit big borrowers who were struggling to repay their bank loans.
Earlier on January 29 last year, the BB announced the policy on large loan restructuring allowing loan rescheduling, only if the businesses are hit by global or domestic shocks.
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