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Textiles

Bangladesh Bank to raise credit limit for textile mills

26 Dec '15

1 min read

Bangladesh Bank has announced a raise in its credit limit for the textile mills of the country from $15 million to $20 million, according to Bangladeshi media reports.

The Bangladesh Bank's circular said that it will provide more credit to the textile mills from its Export Development Fund (EDF).

However, the terms and conditions to avail loan under the credit facility will remain the same. (MCJ)

Fibre2Fashion News Desk – India

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