IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 12 Mar 2014 | Removal date: open ended
Still in force

FDI: Treatment and operations, nes

On 12 March 2014, the Bangladesh Bank issued Foreign Exchange Circular No. 13 removing a notification requirement for ofreign-owned companies. Under the new regime, foreign-owned or controlled industrial enterprises may receive interest free loans from their parent companies or shareholders abroad with a maturity of up to 1 year without any prior approval from the Bank.
Repayment, similarly, also no longer requires the Bank's approval.
Still, the transaction must be reported within one week of the receipt or repayment.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.