BB increases loan limit of export development fund

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BB increases loan limit of export development fund
« on: February 26, 2020, 06:08:18 PM »
The Bangladesh Bank has increased the loan limit of its Export Development Fund (EDF) to $20 million from $15 million.

“It has now been decided to enhance the limit of $15.00 million to $20.00 million for member mills of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA),” said the central bank through circular recently, reports BSS.

Other instructions contained in the circular shall remain unchanged, the circular added.