01 Feb 2023, 19:50

BB raises interest rate for loans from EDF 

DHAKA, Feb 1, 2023 (BSS) - Bangladesh Bank (BB) has raised the interest rate 
on loans made from its Export Development Fund (EDF) by 50 percentage points.

"It has been decided that interest rate on EDF loans to ADs will be charged 
by Bangladesh Bank at 3 percent pa, while ADs will charge interest to 
manufacturer-exporters at 4.50 percent pa, for disbursements until further 
instructions," as per a BB circular issued here today.

Other relevant instructions on EDF shall remain unchanged. 

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