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BB raises loan limit of export development fund

Monday, 21 May 2018


Bangladesh Bank (BB) has increased the loan limit of its Export Development Fund (EDF) to $25 million from $20 million.

"It has been decided to enhance the limit of $20 million to $25 million for member mills of Bangladesh Garment Manufacturer and Exporter Association (BGMEA) and Bangladesh Textile Mills Association (BTMA)," said a BB circular issued on Monday, reports BSS.