Bangladesh, July 15 -- The central bank of Bangladesh has relaxed its regulations on external borrowing by fully foreign-owned industrial enterprises, allowing them to access loans from parent companies, associates, and shareholders abroad under a general authorization framework to facilitate easier access to finance.

Eligible manufacturing and service-sector enterprises operating both within and outside specialized zones, including EPZs, EZs and High-Tech Parks, will be able to obtain short-, medium- and long-term foreign loans subject to specified conditions, according to a notification issued by the Bangladesh Bank (BB) on Wednesday.

For short-term borrowings of less than one year, companies outside specialized zones may obtain inte...