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The Financial Express

BB increases loan limit of export development fund

Published: February 26, 2020 17:45:13 | Updated: March 01, 2020 17:59:36


BB increases loan limit of export development fund

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.

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