Regulatory Alerts2026-04-09
Added · Updated
BRPD-1 Circular Letter No. 12: Refinance Scheme for Pre-shipment Credit
The document extends the validity of the pre-shipment credit refinance scheme to December 31, 2030, and allocates up to $5 billion from the Export Facilitation Pre-Approval Fund ($EPF) for this purpose. All scheduled banks in Bangladesh are eligible to participate by signing a new participation agreement with BRPD-3, subject to a maximum outstanding principal loan amount of $20 billion per single entity or group at any given time. Participating banks must submit quarterly reports on loan distribution and collection within 15 days following March, June, September, and December, and apply for refinance within one week of disbursement, with a 15-day grace period for justified delays.
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