Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Bangladesh 03 03 - Direct long-term lending BDT 50,000,000,000 588,581,519
Bangladesh 03A 03A - Long-term lending BDT 50,000,000,000 588,581,519 Ministry of Finance. https://mof.portal.gov.bd/sites/default/files/files/mof.portal.gov.bd/page/ed9e8b19_ccba_4cca_94b1_c40013f7a760/MTMPS_2020-21_English.pdf (accessed 29 June 6).

BDT50 billion for Special Fund for Salary support to export oriented manufacturing industry workers.

Bangladesh 03B 03B - Forbearance BDT Banglashesh Bank. https://www.bb.org.bd/ (accessed 29 June 2020). IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 15 May 2020).

BB took measures to waive credit card fees and interests, suspend loan interest payments.

Bangladesh 04 04 - Equity support BDT
Bhutan 03 03 - Direct long-term lending BTN/INR
Bhutan 03A 03A - Long-term lending BTN/INR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 2 July 2020); PMO. https://bit.ly/3ggtGo2 (accessed 24 July 2020).

No amount/estimate: April 2020, Loans to cottage and small industries through the National Cottage and Small Industries (CSI) Development Bank (microloans at 2% concessional interest for agriculture and rural activities and working capital loans at 4% concessional interest rate for 3 months). On 26 June 2020, the government announced that the CSI loan will be extended for another 12 months.

Bhutan 03B 03B - Forbearance BTN/INR Official Statement from the Office of the Prime Minister of Bhutan. https://bit.ly/2yrZXYx (accessed 29 April 2020); Royal Monetary Authority of Bhutan. https://www.rma.org.bt/pressrelease/Press%20Release%20on%20Interest%20Waiver%20on%20NPLs.pdf (accessed 12 May 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 24 July 2020); PMO. https://bit.ly/3ggtGo2 (accessed 1 July 2020).

No amount/estimate: April 2020, Deferment of loans for 3 months (April–June 2020) (i) for all borrowers who had maintained their loan accounts in good standing, i.e., loans that were not non-performing loans (NPL) as of 29 February 2020; (ii) May 2020, The RMA announced that the interest waiver facility would also be extended to non-performing loan accounts. The government will finance 50% of the total interest payment and the financial institutions offered to support the other 50%. On 26 June 2020, the government announced to further extend interest waiver for another nine months for loans availed as of 10 April 2020 (see Measure 5B); (iii) 26 June 2020, the government announced a new monetary measure, i.e., deferment of loans for one year without penal interest. For borrowers willing and able to service their loans during this period, financial institutions offered to reduce the interest rate by one percentage point as an added incentive.

Bhutan 04 04 - Equity support BTN/INR
European Central Bank 03 03 - Direct long-term lending EUR
European Central Bank 03A 03A - Long-term lending EUR
European Central Bank 03B 03B - Forbearance EUR
European Central Bank 04 04 - Equity support EUR
European Union 03 03 - Direct long-term lending EUR 251,902,500,000 278,653,207,965
European Union 03A 03A - Long-term lending EUR 251,902,500,000 278,653,207,965 OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 15 April 2020); EIB. https://www.eib.org/en/press/all/2020-346-ing-and-eib-group-come-to-the-aid-of-dutch-smes-and-mid-caps-during-covid-19 (accessed 7 December 2020); EIB. https://www.eib.org/en/press/all/2020-103-eib-backs-eur5-billion-investment-to-mitigate-economic-impact-of-coronavirus-and-support-medical-technology (accessed 29 April 2020); Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 29 April 2020); EIB. https://www.eib.org/en/press/all/2020-126-eib-board-approves-eur-25-billion-pan-european-guarantee-fund-to-respond-to-covid-19-crisis (accessed 18 December 2020); EIB. https://www.eib.org/en/about/initiatives/covid-19-response/index.htm (accessed 18 July 2020); EIB. https://www.eib.org/en/press/all/2020-197-eib-approves-eur-16-6-billion-for-covid-19-health-response-and-economic-resilience-climate-clean-transport-energy-and-housing (accessed 18 July 2020); EIB. https://www.eib.org/en/press/all/2020-199-eib-provides-eur205-million-to-adif-alta-velocidad-to-promote-the-development-of-rail-infrastructure-in-spain (accessed 23 July 2020); EIB. https://www.eib.org/en/press/all/2020-198-italy-eib-provides-eur300-million-to-autonomous-province-of-trento-for-sustainable-projects-and-post-covid-19-reconstruction (accessed 23 July 2020); EIB. https://www.eib.org/en/press/all/2020-200-eib-backs-826-mw-mytilineos-power-plant-to-support-greek-energy-transition (accessed 23 July 2020); EIB. https://www.eib.org/en/press/all/2020-213-eib-supports-the-reconstruction-of-major-roads-in-montenegro-with-eur40-million (accessed 8 August 2020); EIB. https://www.eib.org/en/press/all/2020-237-italy-eib-lends-eur500m-to-the-lazio-region-for-smes-mid-caps-infrastructure-environment-and-post-covid-19-recovery (accessed 18 September 2020); EIB. https://www.eib.org/en/press/all/2020-238-eib-and-idf-sign-eur50-million-loan-to-support-faster-post-covid-recovery-of-smes-and-mid-caps-in-montenegro (accessed 19 September 2020); ECB. https://www.eib.org/en/press/all/2020-242-eib-approves-eur-12-6-billion-financing-for-transport-clean-energy-urban-development-and-covid-19-resilience (accessed 19 September 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/IP_20_1773 (accessed 3 October 2020); EIB. https://www.eib.org/en/press/all/2020-254-eib-and-hbor-ag+L15ree-on-covid-19-recovery-package-for-croatian-smes-and-mid-caps (accessed 13 October 2020); ECB. https://www.bankingsupervision.europa.eu/press/pr/date/2020/html/ssm.pr200917~eaa01392ca.en.html (accessed 19 September 2020); EIB. https://www.eib.org/en/press/all/2020-274-eib-approves-eur-5-1-billion-for-covid-19-resilience-clean-energy-rail-transport-and-urban-development (accessed 17 October 2020). EIB. https://www.eib.org/en/press/all/2020-342-eib-supports-hungarian-healthcare-sector-during-covid-19-pandemic-with-eur162-5-million (accessed 4 December 2020); EIB. https://www.eib.org/en/press/all/2020-372-eib-group-backs-eur-12-5-billion-covid-19-support-business-clean-energy-transport-and-urban-investment (accessed 5 January 2021); EIB. https://www.eib.org/en/press/all/2021-020-eib-group-and-btv-join-forces-to-provide-additional-lending-to-smes-and-mid-caps (accessed 22 January 2021).

(i) March 2020, the EIB dedicated EUR10 billion in asset-backed securities (ABS) purchasing programs to allow banks to transfer risk on portfolios of SME loans. 10 December 2020: The EIB and EIF issued a EUR795 million guarantee to ING, which will support new lending to Dutch SMEs and Mid-Caps to mitigate impact from COVID-19; (ii) 23 April 2020, Approved EUR5 billion in new financing for businesses affected by the coronavirus, and for the development of medical technology. EUR3 billion was dedicated to businesses in Spain and Italy. The approval represents an extension of the loan package first identified on 16 March 2020; (iii) 26 May 2020, the Board of Directors of the European Investment Bank (EIB) agreed on the structure and business approach of the new Pan-European Guarantee Fund (EGF) to tackle the economic consequences of the COVID-19 pandemic. It will enable the EIB Group to scale up its support for mostly small and medium-sized European companies, providing up to EUR200 billion of additional financing. Under this scheme, EIB on 15 and 13 July 2020 respectively, financed ZANINI Auto Group's innovation strategy with EUR25 million loan and provided Santander (Spanish commercial bank) with EUR757 million to help support SMEs and mid-caps; (iv) 15 July 2002, EUR14.7 billion from a EUR16.6 billion EIB approved amount (less EUR1.9 billion for Egypt's transport and SME sectors)  for COVID-19 health response and economic resilience, climate, clean transport, energy and housing; (v) 21 July 2020, EIB provided EUR205 million in loans to Adif Alta Velocidad (Spanish rail network) to promote the development of rail infrastructure; (vi) 21 July 2020, EIB provided EUR300 million in loans to the Autonomous Province of Trento for sustainable projects and post-COVID-19 reconstruction; (vii) 22 July 2020, EIB provided EUR125 million in loans for Greece's 826 MW Mytilineos power plant to support energy transition; (viii) 31 July 2020, EIB signed a second tranche worth EUR40 million for the rehabilitation of 180 kilometers of road along the five main routes in Montenegro. The loan from the EU bank is complemented by a EUR1.5 million technical assistance grant awarded under the Economic Resilience Initiative (ERI). It is the first ERI grant to be awarded to a project in the Western Balkans. The total EIB investment worth EUR80 million is expected to increase road safety and efficiency and facilitate faster economic recovery and regional trade; (ix) 11 September 2020, EIB lends EUR500 million to the Lazio Region for SMEs, mid-caps, infrastructure, environment and post COVID-19 recovery; (x) 14 September 2020, Montenegrin SMEs and mid-caps in tourism and other sectors severely affected by COVID-19 will benefit from EUR50 million loan that the EIB has signed with the Montenegrin Investment and Development Fund; (xi) 18 September 2020, EIB approves EUR12.6 billion financing for transport, clean energy, urban development and COVID-19 resilience; (xii) 1 October 2020, The EIB Group has provided a mezzanine tranche guarantee of around EUR125 million to Germany’s Commerzbank AG on loans to SMEs and mid-caps to mitigate the impact of the COVID-19 crisis; (xiii) 1 October 2020, The EIB will invest EUR100 million to support COVID-19 recovery of Croatian SMEs and mid-caps; (xiv) 13 October 2020, EIB approved a EUR1 billion direct lending support for companies and health investment in EU member states most impacted by COVID-19 and a EUR2.1 billion to support private sector investment with global financing partners. 4 December 2020, The EIB will invest EUR162.5 million to support the Hungarian healthcare sector’s response to the COVID-19 pandemic. (xvi) 16 December 2020, The EIB approved new financing totaling EUR12.5 billion to support companies impacted by COVID-19, alongside accelerating renewable energy, sustainable transport and urban investment across Europe and around the world. This includes EUR4.1 billion to strengthen public health and private sector resilience to the COVID-19 pandemic. New EIB financing will support medical and pharmaceutical innovation, including testing and treatment, hospital and public health investment and local business lending programs to help companies in sectors most impacted by the pandemic; (xvii) 19 January 2021, EIB Group synthetic securitization of around EUR130 million to enable BTV to lend more than EUR400 million to small and mid-sized businesses in Austria and Germany in response to COVID-19. The operation is backed by the European Fund for Strategic Investments (EFSI) guarantee under the Investment Plan for Europe.

European Union 03B 03B - Forbearance EUR
European Union 04 04 - Equity support EUR 549,000,000 607,300,885 EIB. https://www.eib.org/en/press/all/2020-103-eib-backs-eur5-billion-investment-to-mitigate-economic-impact-of-coronavirus-and-support-medical-technology (accessed 29 April 2020); Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 29 April 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1007 (accessed 12 June 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1507 (accessed 27 August 2020).

(i) 8 April 2020, The Commission is launching ESCALAR, a new investment approach, developed together with the European Investment Fund (EIF), that will support venture capital and growth financing for promising companies. In its pilot phase, ESCALAR will provide up to EUR300 million backed by the European Fund for Strategic Investments (EFSI); (ii) 24 April 2020, EIB also approved an equity investment worth EUR75 million for the German company Curevac, through the EIB's Infectious Disease Financing Facility; (iii) 8 June 2020, EUR174 million equity investments from the European Innovation Council (EIC) Accelerator Pilot funding to innovative startups and SMEs; (iv) June 2020, EUR5.3 billion for the Solvency Support Instrument that will work via an EU guarantee provided to the European Investment Bank (EIB) Group under the European Fund for Strategic Investments (EFSI). Solvency support will form a separate window under the EFSI to mobilise private capital. The EIB Group will use this guarantee to provide financing directly or invest, fund or guarantee equity funds, special purpose vehicles, investment platforms or national promotional banks. These intermediary funds or vehicles must be established and operate in the EU. The Solvency Support Instrument should predominantly channel solvency support through financial market intermediaries and only to a lesser degree facilitate direct support to companies by the EIB Group.

India 03 03 - Direct long-term lending INR
India 03A 03A - Long-term lending INR
India 03B 03B - Forbearance INR Press Information Bureau. https://pib.gov.in/PressReleseDetail.aspx?PRID=1633891 (accessed 2 July 2020). RBI. https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11909&Mode=0 (accessed 5 June 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 4 June 2020); RBI. https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11877&Mode=0 (accessed 30 April 2020).

No amount/estimate: (i) The RBI provided relief to both borrowers and lenders, allowing companies a 3-month moratorium on loan repayments. This moratorium was extended to end August 2020; (ii) Provided subsidies to banks to reduce interest rates for short-term loans to farmers. On 4 June 2020, decided to continue the availability of 2% Interest Subvention (IS) and 3% Prompt Repayment Incentive (PRI) to farmers for the extended period of repayment up to 31 August 2020 or date of repayment, whichever is earlier, to prevent increases in interest rate during the extended moratorium period; (iii) 24 June 2020, Approved a scheme for interest subvention of 2% for a period of 12 months to all Shishu loan accounts under the Pradhan Mantri Mudra Yojana (PMMY). This scheme will only apply to certain loans that meet the criteria (e.g. outstanding as of 31 March 2020, not in Non-Performing Asset category).

India 04 04 - Equity support INR
Maldives 03 03 - Direct long-term lending MVR
Maldives 03A 03A - Long-term lending MVR Ministry of Finance. https://www.finance.gov.mv/covid-19/businesses/covid19-recovery-loan-scheme/sme (accessed 16 September 2020, 2 October 2020, 8 October 2020, 29 October 2020, 13 & 27 November 2020, 22 January 2021); Ministry of Finance. https://www.finance.gov.mv/covid-19/individuals/covid-recovery-loan-scheme (accessed 16 September 2020, 2 October 2020, 8 October 2020, 29 October 2020, 13 & 27 November 2020, 22 January 2021); Ministry of Finance. https://www.finance.gov.mv/covid-19/businesses/covid19-recovery-loan-scheme/large-businesses (accessed 16 September 2020, 2 October 2020, 12 October 2020, 29 October 2020, 13 & 27 November 2020, 22 January 2021).

20 March 2020, The Economic Recovery Plan was announced. The Plan includes: (i) COVID-19 Recovery Loan Scheme for SMEs wherein eligible SMEs may apply for loans up to 10% of its annual sales turnover for the past year (capped up to MVR500,000) at 6% interest per annum for a 3-year period. The repayment period excludes the grace period up to 6 months in which no interest is charged. Funding is contingent on SMEs not laying off local employees due to the COVID-19 outbreak and during the funding period. As of 14 January 2021, total disbursed amount was MVR329.4 million [update]; (ii) COVID-19 Recovery Loan Scheme for Self-employed and Freelance Individuals wherein eligible individuals may apply for loans up to MVR 30,000 at 6% interest per annum for a 3-year period. A grace period of up to 6 months is offered during which no interest is charged, and no payment of principal or interest is required Funding is conditional on the individual having worked in 6 of the last 12 months and earned a verifiable income during this period. As of 14 January 2021, total disbursed amount was MVR19.4 million [update]; and (iii) COVID-19 Recovery Loan Scheme for Large Businesses wherein funding is contingent on no layoffs of local employees due to COVID-19 outbreak at the time of application. For eligible businesses, this is an unsecured facility provided at 6% interest per annum for a 3-year period, including a maximum 6-month grace period in which no interest and principal payment will be made. As of 14 January 2021, total disbursed amount was MVR585.9 million [update].

Maldives 03B 03B - Forbearance MVR Maldives Monetary Authority. http://www.mma.gov.mv/#/news/PR-MCS-2020-3(english).html (accessed 13 April 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 13 April 2020); Ministry of Finance. https://www.finance.gov.mv/covid-19/individuals/debt-moratorium/bml (accessed 28 August 2020). Ministry of Finance. https://www.finance.gov.mv/covid-19/individuals/debt-moratorium/student-loan (accessed 28 August 2020). Ministry of Finance https://www.finance.gov.mv/covid-19/individuals/debt-moratorium/hdfc (accessed 28 August 2020). Ministry of Finance. https://www.finance.gov.mv/covid-19/businesses/debt-moratorium/bml (accessed 28 August 2020). Ministry of Finance. https://www.finance.gov.mv/covid-19/businesses/debt-moratorium/sdfc (accessed 28 August 2020). The Edition. https://edition.mv/news/18588 (accessed 28 August 2020). The edition. https://edition.mv/business/19009 (accessed 11 September 2020).

No amount/estimate: April 2020, The Maldives Monetary Authority announced introducing regulatory measures to enable a moratorium of 6 months on loan repayments for those impacted by the current situation. Customers have to submit their requests to the banks in order to avail themselves of this moratorium. Debt moratoriums have been included in the Plan to support individuals, households, and businesses facing difficulties in meeting monthly debt repayment: (i) All loans from the Bank of Maldives are eligible for the debt moratorium from 1 March 2020 until end of September 2020. The debt moratorium will allow BML customers to defer monthly principal and interest repayments for 6 months. At the same time the tenor of the loan will also be extended by 6 months allowing more time to repay the accrued interest and principal repayments. Compound interest will not be charged during the moratorium period. Following the moratorium period, the repayment amount would be reduced by 20% for a further 6 months; (ii) Those liable to repay student loans by the National Student Loan Scheme and Educational Assistance Loan Scheme entered a 6-month period of debt deferment on 1 March 2020; (iii) Individuals with Housing Finance loans issued by Housing Development Finance Corporation (HDFC) had the option of applying for a 6-month debt moratorium, which started on 1st March 2020, under the condition that regular payments have been made. The debt moratorium allows HDFC customers to defer monthly principal and interest repayments for 6 months. Consequentially the initial loan periods would be extended by an additional 6 months; (iv) Bank of Maldives customers with business loans are eligible for the debt moratorium from 1 March 2020 until end of September 2020. The debt moratorium will allow customers to defer monthly principal and interest repayments for 6 months. At the same time the tenor of the loan will also be extended by 6 months allowing more time to repay the accrued interest and principal repayments. Following the moratorium period, the repayment amount would be reduced by 20% for a further 6 months; and (v) SME Development Financing Corporation (SDFC) customers will be eligible for a 6 months debt moratorium starting from 1st March 2020. The debt moratorium will allow customers to defer monthly principal and interest repayments for 6 months. Moreover, in the course of the moratorium period, interest rates for all loans are reduced to 4%. 26 August 2020, SDFC extended the repayment period for loans until the end of 2020. 9 September 2020, The Bank of Maldives opened its application for its second moratorium, for customers with personal, housing and business loan moratoriums with repayments due to start this September. The deadline of the repayments has been extended to December 2020. The Bank will also issue a separate announcement once the second moratorium application process is open for customers of BML's Islamic banking branch.

Maldives 04 04 - Equity support MVR
Nepal 03 03 - Direct long-term lending NPR
Nepal 03A 03A - Long-term lending NPR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 26 November 2020).

No amount/estimate: 28 May 2020, The budget speech for fiscal year 2020/21 includes additional measures in the area of business support (a lending program for cottage, small and medium-sized enterprises and those in the tourism sector).

Nepal 03B 03B - Forbearance NPR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 26 November 2020); NRB. https://archive.nrb.org.np/bfr/circular/2076-77/2076_77_(Notice)--18-Covid-19_Related-new.pdf (accessed 6 July 2020).

No amount/estimate: (i) 29 April 2020, The NRB announced that banks will defer loan repayments due in April and May until mid-July. For working capital loans, banks will extend the repayment schedule of the amount due during the lockdown up to 60 days; (ii) Banks were instructed to provide a 10% discount on interest payments if paid timely, i.e. by mid-April.

Nepal 04 04 - Equity support NPR
Sri Lanka 03 03 - Direct long-term lending LKR
Sri Lanka 03A 03A - Long-term lending LKR DGI. https://www.dgi.gov.lk/news/cabinet-decisions on 30 April 2020 and 11 June 2020 (accessed 10 July 2020); Ministry of Mass Media. https://www.media.gov.lk/media-gallery/latest-news/2604-cabinet-nod-to-provide-rs-1-mn-loan-for-small-and-medium-scale-projects (accessed 13 November 2020).

No amount/estimate: (i) 30 April 2020, A new concessionary loan scheme titled ‘Aswenna’ will be introduced in May 2020 which will provide farmers with loans of up to LKR3 million; 11 June 2020: (ii) Under the post COVID-19 relief budget of the government, a 4% interest 5-year loan with a two-year grace period will be available for accommodation providers and destination management companies registered under Sri Lanka Tourism Development Association (SLTDA) to pay salaries of staff; (iii) A similar loan facility will also be available for establishments providing facilities to tourists registered under SLTDA including, restaurants, tourist friendly eating places, spa and wellness centers, spice gardens, tourist shops, and water sports centers, where state-owned Bank of Ceylon will directly remit a maximum of LKR15,000 per employee for up to 6 months; (iv) 7 November 2020, The Cabinet has approved a loan scheme, under the Ministry of Youth and Sports, aimed at empowering young entrepreneurs between the ages of 18 and 40 to further their business ventures. Those engaged in information technology, agriculture, dairy, animal husbandry, tourism promotion-related projects, and innovative and machinery design projects can apply for this loan up to a maximum of LKR1 million.

Sri Lanka 03B 03B - Forbearance LKR CBSL. https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/mb_circular_no_4_of_2020_e.pdf (accessed 10 July 2020); CBSL. https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/press/pr/press_20200331_central_bank_of_sri_lanka_decides_to-establish_a_rupees_50_billion_six_month_refinancing_facility_e.pdf (accessed 10 July 2020); CBSL. https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/bsd_circular_No_8_of_2020_e.pdf (accessed 3 September 2020); CBSL. https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/snbfi_circular_no_9_of_2020_e.pdf (accessed 2 October 2020); CBSL. https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/bsd_circular_No_10_of_2020_e.pdf; https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/snbfi_circular_no_11_of_2020_e.pdf (both accessed 13 November 2020); CBSL. https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/snbfi_circular_no_12_of_2020_e.pdf (accessed 6 January 2021).

No amount/estimate: (i) March 2020, Wide-ranging debt moratoriums have been introduced by licensed banks, finance and leasing companies based on a directive by the Central Bank of Sri Lanka (CBSL) on 24 and 31 March 2020. These include (a) six-month moratorium (until end-September 2020) on both rupee and foreign currency term loans for affected businesses in SMEs, tourism, apparel, plantation, IT and related logistical services; and a three-month moratorium (until end-June 2020) on small-value personal banking loans and leasing for amounts less than LKR1 million; (b) licensed banks, finance and leasing companies have been requested to reschedule non-performing loans until end-September 2020; (c) licensed banks, finance, and leasing companies have been permitted, if required, to reclassify NPLs under the debt moratorium scheme above as performing loans; (d) temporary suspension of recovery actions under the debt moratorium scheme; (e) interest rate on credit cards capped at 15% for up to LKR50,000; the minimum monthly payment on the cards reduced by 50%; and repayment of all credit cards below the limit of LKR50,000 was extended until 30 April 2020; (ii) 26 August 2020, CBSL requested licensed commercial and licensed specialized banks to extend the debt moratorium to COVID-19 affected businesses and individuals in the tourism sector for another six months from 1 October 2020 to 31 March 2021; (iii) 30 September 2020, CBSL also directed licensed finance companies and specialized leasing companies (referred to as nonbank financial institutions) to provide a six-month debt moratorium extension to COVID-19 affected businesses and individuals in the tourism sector. Employees of eligible businesses also qualify for this extension; (iv) 9 November 2020, In order to meet the challenges brought about by the second wave of COVID-19, the CBSL has required licensed banks as well as nonbank financial institutions (NBFI) to extend a debt moratorium to COVID-19 affected businesses and individuals for a further six-month period from 1 October 2020 to 31 March 2021. For the NBFI, borrowers may submit applications until 25 November 2020; On 27 November 2020, the deadline was extended to 10 December 2020.

Sri Lanka 04 04 - Equity support LKR
Bangladesh 03 03 - Direct long-term lending BDT 50,000,000,000 588,581,519
Bangladesh 03A 03A - Long-term lending BDT 50,000,000,000 588,581,519 Ministry of Finance. https://mof.portal.gov.bd/sites/default/files/files/mof.portal.gov.bd/page/ed9e8b19_ccba_4cca_94b1_c40013f7a760/MTMPS_2020-21_English.pdf (accessed 29 June 6).

BDT50 billion for Special Fund for Salary support to export oriented manufacturing industry workers.

Bangladesh 03B 03B - Forbearance BDT Banglashesh Bank. https://www.bb.org.bd/ (accessed 29 June 2020). IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 15 May 2020).

BB took measures to waive credit card fees and interests, suspend loan interest payments.

Bangladesh 04 04 - Equity support BDT
Bhutan 03 03 - Direct long-term lending BTN/INR
Bhutan 03A 03A - Long-term lending BTN/INR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 2 July 2020); PMO. https://bit.ly/3ggtGo2 (accessed 24 July 2020).

No amount/estimate: April, Loans to cottage and small industries through the National Cottage and Small Industries (CSI) Development Bank (microloans at 2% concessional interest for agriculture and rural activities and working capital loans at 4% concessional interest rate for 3 months). On June 26, the government announced that the CSI loan will be extended for another 12 months .

Bhutan 03B 03B - Forbearance BTN/INR Official Statement from the Office of the Prime Minister of Bhutan. https://bit.ly/2yrZXYx (accessed 29 April 2020); Royal Monetary Authority of Bhutan. https://www.rma.org.bt/pressrelease/Press%20Release%20on%20Interest%20Waiver%20on%20NPLs.pdf (accessed 12 May 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 24 July 2020); PMO. https://bit.ly/3ggtGo2 (accessed 1 July 2020).

No amount/estimate: April, Deferment of loans for 3 months (April–June) (i) for all borrowers who had maintained their loan accounts in good standing, i.e., loans that were not non-performing loans (NPL) as of February 29; (ii) May, The RMA announced that the interest waiver facility would also be extended to non-performing loan accounts. The government will finance 50% of the total interest payment and the financial institutions offered to support the other 50%. On June 26, the government announced to further extend interest waiver for another nine months for loans availed as of April 10, 2020 (see Measure 5B) ; (iii) June 26, the government announced a new monetary measure, i.e., deferment of loans for one year without penal interest. For borrowers willing and able to service their loans during this period, financial institutions offered to reduce the interest rate by one percentage point as an added incentive.

Bhutan 04 04 - Equity support BTN/INR
European Central Bank 03 03 - Direct long-term lending EUR
European Central Bank 03A 03A - Long-term lending EUR