Bangladesh Garments Accessories & Packaging

   Manufacturers & Exporters Association (BGAPMEA)

EDF Fund-Relaxation: ( Publish Date :29/ 08/ 2020 )

Esteemed Members of BGAPMEA,
 
Dear Sir,
 
Aslamualikum,
        As per instruction of the President of BGAPMEA, I am sending the Bangladesh Bank's Circular on relaxation of re-financing from EDF.   In the Circular (FE Circular No. 36 dt. 27-08-2020), it is mentioned that re-financing from EDF will be admissible in case of no overdues against the realizable export proceeds during the immediate past 720 days from the date of application. 
 
Thanking you.
 
Sincerely yours,
 
Ruhidas Jodder 
Secretary 
BGAPMEA