Regulatory Alerts2014-09-16
Added · Updated
FEPD Circular No. 34: Export Development Fund (EDF)
The limit for loans from the Export Development Fund (EDF) to Authorized Dealers against foreign currency financing for input imports for member mills of the Bangladesh Plastic Goods Manufacturers and Exporters Association is enhanced from USD 500,000 to USD 1.00 million. This new cap applies to the lower of the value realized in foreign exchange against inland back to back LCs and export LCs/Contracts over the past twelve months or USD 1.00 million.
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