EDF fund

EDF loan gets costlier after new interest rate calculations

Exporters will face higher costs when getting loans from the Export Development Fund (EDF), as a new interest rate calculation method has been introduced for loans in US dollars

Loan from export development fund made costlier

The Bangladesh Bank today raised the interest rate on the loans made from its export development fund (EDF) by 50 percentage points with an aim to make borrowing costlier and thus save foreign currencies.

September 3, 2024
September 3, 2024

EDF loan gets costlier after new interest rate calculations

Exporters will face higher costs when getting loans from the Export Development Fund (EDF), as a new interest rate calculation method has been introduced for loans in US dollars

February 1, 2023
February 1, 2023

Loan from export development fund made costlier

The Bangladesh Bank today raised the interest rate on the loans made from its export development fund (EDF) by 50 percentage points with an aim to make borrowing costlier and thus save foreign currencies.