BB eases loan repayment for cold storages

Bangladesh Bank (BB) eased the loan repayment for the owners of the cold storages in the country's northern region, allowing them five to eight years for paying bank their outstanding loans. The cold storage owners will get eight years for loan repayment who borrowed money from banks as a project loan, repayable in half-yearly installments. The repayment period will be five years for the owners of the cold storages who borrowed for working capital, BB said in a circular issued on Thursday.    — BSS