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Foreign companies to get loan from BD banks

Senior Correspondent |
Update: 2014-03-11 11:38:16
Foreign companies to get loan from BD banks

DHAKA: From now on foreign companies of production and service sectors can get term loans from Bangladeshi banks and financial institutions after operating business for three years or more.     

Bangladesh Bank has recently issued a circular in this regard.

The circular said considering banking liquidity, foreign farms are being given the facility.  

For that all banking and financial institutions have to maintain banking policy and regulations properly.   
   
Sources said that by this new system, Bangladeshi investors will get the loan from foreign banks in flexible terms.   

BDST: 2053 HRS, MAR 11, 2014

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