2009-05-10

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BRPD Circular No. 07: Import Financing - Fixing of Interest Rate

The maximum interest rate of 12% for import financing of edible oil, chick-peas, lentils, beans, onions, spices, dates, and fruits is extended to include sugar. This directive applies to all scheduled banks in Bangladesh and amends the provisions of BRPD Circular No. 06 dated May 05, 2009. The instruction takes immediate effect and remains valid until further order.

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