|Economy||Measure Code||Measure||Currency Code||Amount (Local)||Amount (USD)||Source||Post Date||Details|
|Bangladesh||02||02 - Credit creation||BDT||370,000,000,000||4,355,503,237|
|Bangladesh||02A||02A - Financial sector lending/funding||BDT||350,000,000,000||4,120,070,630||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). Bangladesh Bank. BRPD Circular Letter No-53 (29 October 2020).||
(i) The Ministry of Finance will subsidize interest payments on up to BDT500 billion in working capital loans by scheduled banks to businesses. Half of this amount (BDT 250 billion) will be refinanced by Bangladesh Bank and is included in Item 1 above. Remaining BDT250 billion will be financed by commercial banks from their own funds. (ii) 29 October 2020, increased to BDT400 billion from BDT300 billion, working capital facilities to affected industries and service sector. This is part of the BDT500 billion amount in measure i.
|Bangladesh||02B||02B - Support policies for long-term lending||BDT|
|Bangladesh||02B1||02B1 - Interest rate adjustments||BDT||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 1 May 2020). https://www.bb.org.bd/monetaryactivity/mps/mps.php (accessed 31 July 2020). Bangladesh Bank. https://www.bb.org.bd/mediaroom/circulars/brpd/sep242020brpdl47.pdf (accessed 25 September 2020).||
No amount/estimate: (i) The repo rate has been lowered from 6 percent to 5.75% (effective 24 March 2020) and will be further reduced to 5.25% effective 12 April 2020. (vii) No amount/estimate: 29 July 2020, Bangladesh Bank in its monetary policy statement announced: (a) Overnight repo rate from 5.25% to 4.75%, (b) reverse repo rate from 4.75% to 4.00%, (c) Bank Rate which remained unchanged for the last 17 years (since 2003) to be reduced from 5.00% to 4.00%; (ix) September 24, Bangladesh bank fixed the highest interest rate on credit card loans to 20%.
|Bangladesh||02B2||02B2 - Other policies to support long-term lending||BDT||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 1 May 2020). Bdnews24. https://bdnews24.com/economy/2020/06/15/bangladesh-gives-bank-loan-defaulters-until-september-to-repay-instalments (accessed 26 June 2020). Bangladesh Bank. https://www.bb.org.bd/mediaroom/circulars/dos/may112020dos03.pdf (accessed 29 June 2020). Bangladesh Bank. https://www.bb.org.bd/mediaroom/circulars/fepd/mar232020fepd15e.pdf (accessed 29 June 2020).||
(i) The Bangladesh Bank (BB) has also raised the advance-deposit ratio (ADR) and investment-deposit ratio (IDR) by 2% to facilitate credit to the private sector and improve liquidity in the banking system; (iii) BB took measures to delay non-performing loan classification; (iv) Banks with capital adequacy ratio (CAR) (in relation to their risk-weighted assets (RWA)) of 12.50% or above will be permitted to declare up to 30% dividend (of which cash dividend may be up to 15%); banks with CAR between 11.25% and 12.50% may declare dividend up to 15% (of which maximum cash dividend may be 7.5%); banks with CAR below 11.25% may declare dividend up to 10% (of which maximum cash dividend may be 5%). Cash dividend can be distributed before 30 September 2020 in favor of individual (local and foreign) investors; (v) 15 June 2020, loan defaulters given until September to repay loans before they are considered default; (vi) Banks may, without repayment guarantee, advance credit up to USD 500k for import of coronavirus related life-saving drugs, medical kits/equipment and other essential medical items.
|Bangladesh||02C||02C - Loan guarantees||BDT||20,000,000,000||235,432,607||Bangladesh Bank. 2020. SME and Special Programme Department Circular No. 3. (27 July 2020). Bangladesh Bank. https://www.bb.org.bd/mediaroom/circulars/smespd/feb012021smespd03.pdf (accessed 26 February 2021).||
(i) 27 July 2020, BDT20 billion credit guarantee scheme for cottage, micro and small industries; (ii) 1 February 2021, credit guarantee schemes for cottage, micro, and small industries to also cover term loans in addtition to working capital loans.
|Bangladesh||07||07 - Central bank financing government||BDT||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accesed 14 April 2020).||
No amount/estimate: The Bangladesh Bank has announced that it will buy treasury bonds and bills from banks.
|Bangladesh||07A||07A - Direct lending and reserve drawdown||BDT|
|Bangladesh||07B||07B - Secondary purchase: government securities||BDT|
|Bhutan||02||02 - Credit creation||BTN/INR|
|Bhutan||02A||02A - Financial sector lending/funding||BTN/INR|
|Bhutan||02B||02B - Support policies for long-term lending||BTN/INR|
|Bhutan||02B1||02B1 - Interest rate adjustments||BTN/INR|
|Bhutan||02B2||02B2 - Other policies to support long-term lending||BTN/INR|
|Bhutan||02C||02C - Loan guarantees||BTN/INR|
|Bhutan||07||07 - Central bank financing government||BTN/INR|
|Bhutan||07A||07A - Direct lending and reserve drawdown||BTN/INR|
|Bhutan||07B||07B - Secondary purchase: government securities||BTN/INR|
|Cook Islands||02||02 - Credit creation||NZD|
|Cook Islands||02A||02A - Financial sector lending/funding||NZD|
|Cook Islands||02B||02B - Support policies for long-term lending||NZD|
|Cook Islands||02B1||02B1 - Interest rate adjustments||NZD|
|Cook Islands||02B2||02B2 - Other policies to support long-term lending||NZD|
|Cook Islands||02C||02C - Loan guarantees||NZD|
|Cook Islands||07||07 - Central bank financing government||NZD|
|Cook Islands||07A||07A - Direct lending and reserve drawdown||NZD|
|Cook Islands||07B||07B - Secondary purchase: government securities||NZD|
|Federated States of Micronesia||02||02 - Credit creation||USD|
|Federated States of Micronesia||02A||02A - Financial sector lending/funding||USD|
|Federated States of Micronesia||02B||02B - Support policies for long-term lending||USD|
|Federated States of Micronesia||02B1||02B1 - Interest rate adjustments||USD|
|Federated States of Micronesia||02B2||02B2 - Other policies to support long-term lending||USD|
|Federated States of Micronesia||02C||02C - Loan guarantees||USD|
|Federated States of Micronesia||07||07 - Central bank financing government||USD|
|Federated States of Micronesia||07A||07A - Direct lending and reserve drawdown||USD|
|Federated States of Micronesia||07B||07B - Secondary purchase: government securities||USD|
|Fiji||02||02 - Credit creation||FJD||60,000,000||27,228,172|
|Fiji||02A||02A - Financial sector lending/funding||FJD||60,000,000||27,228,172||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 7 May 2020).||
The Reserve Bank of Fiji raised its Natural Disaster and Rehabilitation Facility to FJD60 million to include businesses affected by epidemics or pandemics, renaming it the Disaster Rehabilitation and Containment Facility.
|Fiji||02B||02B - Support policies for long-term lending||FJD|
|Fiji||02B1||02B1 - Interest rate adjustments||FJD||International Monetary Fund (IMF). https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 12 April 2020).||
No amount/estimate: The Reserve Bank of Fiji reduced the overnight policy rate to 0.25% from 0.5% on 18 March 2020 to counter the economic impact of COVID-19.
|Fiji||02B2||02B2 - Other policies to support long-term lending||FJD|
|Fiji||02C||02C - Loan guarantees||FJD||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 7 May 2020).||
No amount/estimate: The Reserve Bank of Fiji expanded the SME Credit Guarantee Scheme to assist small entities.