Home » Bangladesh Publication » Circular No. 07 dated 13 April 2023 issued by the Foreign Exchange Policy Department of the Bangladesh Bank on “Interest Rates on Borrowings from the Export Development Fund (“EDF”)”
Circular No. 07 dated 13 April 2023 issued by the Foreign Exchange Policy Department of the Bangladesh Bank on “Interest Rates on Borrowings from the Export Development Fund (“EDF”)”
May 3, 2023EDF loans from the Bangladesh Bank are repayable by authorized dealer (AD) banks within 180 days from the date of disbursement, which can be extended up to 270 days. The circular specifies that for loans extended beyond the 180 days, the interest rate prevailing at the time of such extension will be applicable for the extended period.
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