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.
12 November 2024
BB eases LC rules for Ramadan essentials
Banks suggested keeping minimum margins on the import value of Ramadan items
6 November 2024