Home » Bangladesh Publication » 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”)”

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, 2023The 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%.
RELATED EXPERIENCES
Related Articles
- Circular No. 01 dated 7 February 2023 issued by the Foreign Exchange Operation Department of the Bangladesh Bank on “Funds Endorsed against a Traveler’s Passport”
- March 4, 2023 - Circular No. 03 dated 22 February 2023 issued by the Foreign Exchange Policy Department of the Bangladesh Bank on “Raising of the Limit for Declaration on Form C of Inward Remittances”
- March 4, 2023 - Circular No. 03 dated 2 February 2023 issued by the Banking Regulation and Policy Department of the Bangladesh Bank on “Loan Classification and Provisioning”
- March 4, 2023 - Circular No. 01 dated 18 January 2023 issued by the SME and Special Programs Department of Bangladesh Bank on “The Disbursement of Working Capital Loans under the BDT25,000 Crores Refinancing Scheme for Cottage, Micro, Small & Medium Enterprises (“CMSMEs”)”
- January 25, 2023 - Circular No. 02 dated 8 January 2023 issued by the Foreign Exchange Investment Department of Bangladesh Bank on “The Simplification of Documentary Formalities for Opening Non-Resident Investors’ Taka Accounts (“NITAs”)”
- January 25, 2023