Banks can now borrow forex from overseas operations

Banks can now borrow forex from overseas operations

The Bangladesh Bank has allowed, for the first time, the domestic banks to borrow from their offshore banking operations, to settle the import payments of capital machinery, industrial raw materials and imports made by the government.

July 14, 2022
July 14, 2022

Banks can now borrow forex from overseas operations

The Bangladesh Bank has allowed, for the first time, the domestic banks to borrow from their offshore banking operations, to settle the import payments of capital machinery, industrial raw materials and imports made by the government.