BB expands export pre-shipment refinance fund to Tk7,000cr
Bangladesh Bank has expanded its pre-shipment credit refinance facility for export-oriented industries from Tk5,000 crore to Tk7,000 crore, while raising the maximum customer-level interest rate on new loans from 5% to 6%. The central bank announced the decision in a circular issued by its Banking Regulation and Policy Department-1 on Thursday, stating that the measure aims to sustain export...…
We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.