Industrial importers allowed 3-year usance term for capital goods

BSS
Published On: 10 Dec 2025, 17:08

 
DHAKA, Dec 10, 2025 (BSS) – In a significant move to facilitate industrial growth, Bangladesh Bank (BB) has announced that industrial importers are now permitted to import capital goods on a usance term of up to three years.
 
To this end, the central bank  today issued a circular saying that this policy update follows the decision reached at the 186th meeting of the Scrutiny Committee on Foreign Loan/Supplier’s Credit of the Bangladesh Investment Development Authority (BIDA).
 
The meeting was chaired by the Governor of Bangladesh Bank.
 
According the circular, ADs may allow their industrial importers to import capital machinery and/or capital  goods on usance term of up to 3 years under supplier’s/buyer’s credit.

 ”The usance tenure shall also be applicable to such imports by industrial enterprises operating in export processing zones or private export processing zones/economic zones/hi-tech parks and other areas designated as specialized zones by the Government. However, usance period for import of spares will not be more than 360 days in all cases,” the circular added.
 
 

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