DHAKA, Jan 30, 2025 (BSS) – Bangladesh Bank (BB) has formed a five-member selection committee to provide necessary policy support for restructuring the businesses and financial operations of affected borrowers.

The committee consists of representatives from Bangladesh Bank, the Ministry of Finance, and the private sector, said a BB circular today.

 Mezbah Ul Haque, Executive Director of the Off-site Supervision Department at Bangladesh Bank will act as convener while Dr Delwar Hossain, Joint Secretary of the Financial Institutions Division; Mamun Rashid, Economist; and Abdul Haque, Business Representative from Haq's Bay as members. Shahriar, Director of the Banking Regulation and Policy Department, will serve as the member secretary.

The committee's scope includes loans amounting to Tk 50 crore or more that have been classified due to external economic factors. Its recommendations will focus on policy-driven solutions to restore business sustainability and enhance financial stability in the banking sector.