ANNOUNCEMENT 01 Jul 2014

In July 2014, the government of Bangladesh announced a change in its trade finance instruments.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



F. E. Circular No. 27 of the Bangladesh Bank

http://www.bangladesh-bank.org/mediaroom/circulars/fepd/jul012014fepd27e.pdf


Inception date: 01 Jul 2014 | Removal date: open ended
Still in force

Trade finance

 On 1 July 2014, the Bangladesh Bank increased the ceiling on external financing on imports with bullet repayment terms from USD 500,000 to USD 1 million. All other conditions remain unchanged (see related measure).
 
Bullet loans are defined as loans where the entire amount is payable at maturity.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A