Foreign enterprises can avail loan under govt’s stimulus packages...

Dhaka, Friday   27 November 2020

Foreign enterprises can avail loan under govt’s stimulus packages

 Staff Correspondent

 Published: 05:51 PM, 2 October 2020  

File Photo

File Photo

Bangladesh Economic Zone Authority (BEZA), Bangladesh Export Processing Zones Authority (BEPZA) and foreign-owned enterprises of Bangladesh Hi-Tech Park will also avail loans from the government-announced incentive package. In the coronavirus situation, the central bank provided this facility to increase the financial capacity of domestic as well as foreign-owned companies.

To avail the loans, the foreign companies have to follow the same procedures followed by the local businesses

Foreign-owned companies will also be eligible for receiving low cost loans from different stimulus packages, the Bangladesh Bank said in a circular issued on Thursday.

Considering the situation of the Covid-19 pandemic, the central bank decided to include foreign companies in the stimulus fund facilities, reads the circular.