2020-05-17

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FE Circular No. 21: Enhancement of loan limit from Export Development Fund (EDF)

The loan limit for Authorized Dealers to borrow from the Export Development Fund for refinancing member mills of BGMEA and BTMA is increased from USD 25.00 million to USD 30.00 million. This enhanced limit applies to disbursements made until December 31, 2020 and must be evaluated on a case-by-case basis according to the actual needs of the mills. Instructions contained in FE Circular No. 45/2017 and its subsequent circulars remain unchanged.

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