Circulars/Notifications - Banking Supervision Department  
 BSD Circular No. 44
21st November  2001  

All  Banks, 

Dear Sirs, 

EXPORT FINANCE SCHEME

 

Please refer to BSD Circular No. 34 dated 28th September 2001 alongwith other instructions issued on the captioned subject from time to time. 

2.         It has been decided that effective 1st December 2001, the maximum rate at which State Bank would allow refinance to banks on their disbursement to exporters under captioned scheme shall be 8.5% p.a. The commercial banks shall however ensure that where financing facilities are extended by them for availing refinancing facilities under the Export Finance Scheme, their maximum margin / spread does not exceed 1.5% p.a.  

3.         The financing facilities under Part-B (Export Sales) of the Scheme for financing Locally Manufactured Machinery shall also attract similar mark up rate structure.  

4.         Other instructions on the subject shall remain unchanged. 

            Please acknowledge receipt.



Yours faithfully,
(Kazi Abdul Muktadir)
Director
       
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