From now on foreign owned companies may avail loan in Taka from local market. Bangladesh Bank on March 11, 2014 through FE Circular No. 12 notified this decision. A foreign company operating for three or more years would be eligible for this facility.
Previously foreign owned companies had limited access to term loan in Taka. A foreign owned company was able to obtain loan only to the percentage of local content in the company’s equity, if any.