Bangladesh Keyword: nterest Rate on Borrowing from the Export Development Fund
Circular No. 02 dated 1 February 2023 issued by the Foreign Exchange Policy Department of the Bangladesh Bank on “Interest Rate on Borrowing from the Export Development Fund (“EDF”)”
March 4, 2023
The circular specifies that until further instruction, the Bangladesh Bank will charge an interest rate of 3.00% on EDF loans to authorized dealer banks while authorized dealer banks are to charge interest to manufacturer-exporters of 4.50%.