2019-10-02

Added · Updated

BRPD Circular Letter No. 22: Rate of Interest on Import Financing of Onion

The document sets the maximum interest rate for import financing of onions at 9% to ensure adequate market supply and curb price increases. It advises maintaining a minimum margin of at least 5% when establishing onion import credit facilities. This directive remains effective until December 31, 2019.

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