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BB raises loan limit of export development fund

DHAKA, May 21, 2018 (BSS) - Bangladesh Bank (BB) has increased the loan limit of its Export Development Fund (EDF) to US$ 25 million from US$ 20 million.

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