Bangladesh Bank

Bangladesh’s Mercantile Bank Issues First Blockchain-Enabled Domestic LC

Mercantile Bank PLC has announced successful completion in a “Proof of Concept”, demonstrating its ability to issue a “Green LC”

Import LC Settlement Drops in Bangladesh

Bangladesh’s  Misinvoicing Problem

No country has greater reliance on letters of credit than Bangladesh so it is reasonable to surmise that reports in

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

Bangladesh Central Bank's Restrictive Measures Target Import LCs

Bangladesh Bank plans to reduce Import LCs by increasing he margin requirements for opening the LC. See how that affected issuance numbers.

Bangladesh Bank Requires Back-to-Back LC Reporting

BANGLADESH: Bangladesh Bank, the central bank, issued a circular regarding banks’ duty to report required data of back-to-back LCs to