Regulatory Alerts2026-04-09
BRPD-1 Circular Letter No. 12: Refinance Scheme for Pre-shipment Credit
Bangladesh Bank’s Banking Policy and Regulation Department-1 issued Circular Letter No. 12 to extend the validity of the Refinance Scheme for Pre-shipment Credit until 31 December 2030 and align it with the Export Facilitation Pre-finance Fund (EFPF) guidelines. The circular mandates that refinancing for the EFPF scheme of 5 million Taka be disbursed on a First-Come-First-Serve basis, requires participating banks to execute a Participation Agreement, and caps individual borrower refinancing at 200 Taka per transaction. It further amends previous circulars by prescribing application procedures, reporting timelines, signatory change approvals, and establishes the directive as binding under Section 45 of the Bangladesh Bank Order, 1972.
Share