Regulatory Alerts2024-02-01
Added
Interest rate ceiling for short term permissible trade finance in foreign exchange
The document sets an all-in-cost ceiling for short term permissible trade finance in foreign exchange at a mark-up of 4.00 percent per annum over the benchmark rate, such as SOFR or Euribor, applicable to the relevant foreign currency. This directive applies to all Authorized Dealers in Foreign exchange in Bangladesh and remains effective until further instructions. All other existing instructions regarding this matter remain unchanged.
Topics
fx
credit
Share