Bangladesh Bank has extended the tenure for foreign exchange loans under buyers and suppliers credit for importing capital machinery from a year to three years.
It extended loan tenures for entities with existing medium- and short-term agreements to import such machinery, while prohibiting any interest rate hike.
Registration with BIDA and the textile department is mandatory to get the benefits.
It extended loan tenures for entities with existing medium- and short-term agreements to import such machinery, while prohibiting any interest rate hike.
Registration with BIDA and the textile department is mandatory to get the benefits.
