Bangladesh provides preferential loans for export-oriented enterprises

Apr 08, 2020  |  by zhaoxh



According to Bangladesh’s “Financial Express” reported on April 1, Bangladesh’s government will provide 50 billion taka preferential loans to manufacturing companies that account for more than 80% of the export processing business, helping companies pay their employees’ wages and survive the COVID-19 outbreak. Export-oriented companies such as garment manufacturing, leather, jute, and pharmaceutical companies will receive priority access to the loan. The preferential loan interest rate is 2%, and the loan is expected to be released in the first week of April.

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