BB raises loan limit of export development fund

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DHAKA, Feb 25, 2020 (BSS) – Bangladesh Bank (BB) has increased the loan
limit of its Export Development Fund (EDF) to US$ 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 a BB circular issued today.

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