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    Aug132023brpd32 - Preexport Facilation Fund

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    1. The Bangladesh Bank has issued a circular regarding the Export Facilitation Pre-finance Fund (EFPF) to provide financing support to exporters. 2. Under the circular, the interest rate for EFPF backed loans has been increased to a maximum of 5% for borrowers. Participating banks will receive an interest subsidy of 2% from Bangladesh Bank on disbursed pre-shipment credits. 3. Any bank facing default on EFPF loans will continue receiving the interest subsidy for the default period. The circular retains all other guidelines from a previous Bangladesh Bank instruction on this fund.

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    Aug132023brpd32 - Preexport Facilation Fund

    Uploaded by

    mustcube3
    19 views1 page
    1. The Bangladesh Bank has issued a circular regarding the Export Facilitation Pre-finance Fund (EFPF) to provide financing support to exporters. 2. Under the circular, the interest rate for EFPF backed loans has been increased to a maximum of 5% for borrowers. Participating banks will receive an interest subsidy of 2% from Bangladesh Bank on disbursed pre-shipment credits. 3. Any bank facing default on EFPF loans will continue receiving the interest subsidy for the default period. The circular retains all other guidelines from a previous Bangladesh Bank instruction on this fund.

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    aug132023brpd32- preexport facilation fund

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    1. The Bangladesh Bank has issued a circular regarding the Export Facilitation Pre-finance Fund (EFPF) to provide financing support to exporters. 2. Under the circular, the interest rate for EFPF backed loans has been increased to a maximum of 5% for borrowers. Participating banks will receive an interest subsidy of 2% from Bangladesh Bank on disbursed pre-shipment credits. 3. Any bank facing default on EFPF loans will continue receiving the interest subsidy for the default period. The circular retains all other guidelines from a previous Bangladesh Bank instruction on this fund.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    19 views1 page

    Aug132023brpd32 - Preexport Facilation Fund

    Uploaded by

    mustcube3
    1. The Bangladesh Bank has issued a circular regarding the Export Facilitation Pre-finance Fund (EFPF) to provide financing support to exporters. 2. Under the circular, the interest rate for EFPF backed loans has been increased to a maximum of 5% for borrowers. Participating banks will receive an interest subsidy of 2% from Bangladesh Bank on disbursed pre-shipment credits. 3. Any bank facing default on EFPF loans will continue receiving the interest subsidy for the default period. The circular retains all other guidelines from a previous Bangladesh Bank instruction on this fund.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

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