Export Development Fund (EDF)

Cenbank trims Export Development Fund to $2.51b amid allegations of smuggling
Bangladesh

Cenbank trims Export Development Fund to $2.51b amid allegations of smuggling

In alignment with conditions attached to a $4.7 billion loan from the International Monetary Fund (IMF), the central bank conducted a special inspection that uncovered instances of illicit fund...

Representational image. Photo: ADEK BERRY / AFP
Banking

EDF loans get costlier as interest rate from now to be based on SOFR

Export dev fund cut by $400m in May to increase net reserves
Banking

Export dev fund cut by $400m in May to increase net reserves

Representational photo: Collected
Economy

Traders want EDF back to $7 billion

No loans from taka fund if EDF export proceeds not repatriated
Banking

No loans from taka fund if EDF export proceeds not repatriated

Cenbank trims EDF by $1b to ease pressure on reserves
Banking

Cenbank trims EDF by $1b to ease pressure on reserves

Photo: Collected
Economy

Tk10,000cr fund formed amid talks of contracting EDF

Loans from forex made costlier but still cheapest
Banking

Loans from forex made costlier but still cheapest

Bangladesh Bank logo
Banking

Exporters now can repay EDF loans in three instalments 

File Photo of Bangladesh Bank : Salahuddin Ahmed/TBS
Banking

BB allows banks to charge addt’l 1% interest on EDF loans for interim period

Export fund facility to expand
Trade

Export fund facility to expand

File Photo: Salahuddin Ahmed/TBS
Trade

BB further relaxes EDF loan policy