Textile sector gets enhanced credit facility

The country`s textile mills will get more credit facility from the Export Development Fund (EDF) of Bangladesh Bank
(BB).

The central bank in a circular, issued on Wednesday, said the limit of the EDF to the textile mills under Bangladesh Textile Mills Association (BTMA) would be $20 million from the existing ceiling of $15 million.

Other terms and conditions of the EDF loan would remain unchanged, the BB circular said.