Letter of credit (LC)

Import payment delay a reputational loss for Bangladesh: BB

Despite an overall improvement in foreign currency stocks, some state-run banks and Shariah-based lenders are not making import payments on time, prompting the central bank to issue a notice and warn of punitive actions against bank officials.

BB eases LC rules for Ramadan essentials

Banks suggested keeping minimum margins on the import value of Ramadan items

November 13, 2024
November 13, 2024

Import payment delay a reputational loss for Bangladesh: BB

Despite an overall improvement in foreign currency stocks, some state-run banks and Shariah-based lenders are not making import payments on time, prompting the central bank to issue a notice and warn of punitive actions against bank officials.

November 6, 2024
November 6, 2024

BB eases LC rules for Ramadan essentials

Banks suggested keeping minimum margins on the import value of Ramadan items