Bangladesh Bank LC Settlements Jump 50%

According to figures released by Bangladesh Bank, the country’s central bank, settlement of import LCs jumped nearly 50% to USD 60.57 billion during the period of July 2021 to March 2022, compared to USD 40.48b for the same nine-month stretch one year ago.

Meanwhile, LC openings measured over the same time frames grew 46% to USD 68.36b from USD 46.81b.

Great! You’ve successfully signed up.

Welcome back! You've successfully signed in.

You've successfully subscribed to Documentary Credit World.

Success! Check your email for magic link to sign-in.

Success! Your billing info has been updated.

Your billing was not updated.