Regulatory Alerts2026-07-23
Added · Updated
Master Circular on Export Development Fund
Bangladesh Bank consolidates and revises the operational procedures for the Export Development Fund (EDF), repealing FE Circular No. 45/2017 and its subsequent amendments. The circular establishes borrowing rates at 6-month SOFR plus 0.5 percent for Authorized Dealers and 1.5 percent for manufacturer-exporters, with a maximum loan tenor of 180 days extendable to 270 days. It defines eligibility criteria, including value addition requirements and overdue status checks, while setting specific USD exposure limits for member mills of designated associations and bulk importers based on export performance.
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