Letter of Credit (LC)

Letter of Credit (LC)

Letter of Credit.

Govt lifts LC value ceiling, opens free trade zones in new 3-year import policy

Policy comes into effect immediately, to remain in force until 31 Dec 2029

TBS Illustration

Tk12,000cr stuck in interbank legal battles over LC guarantees

Illustration: TBS

As old players disappear, small businesses step up to fill the commodity import gap

Infograph: TBS

Credit line cuts by foreign banks, rising LC confirmation charges add to inflation woes

File photo of Bangladesh Bank. Photo: Mehedi Hasan/TBS

Banks asked to enter LC info into Cenbank’s dashboard within 8hrs

TBS Infograph

High LC confirmation fees make imports costlier

Representational image. Photo: Collected

Traders want alternatives to LC to keep imports normal

Tipu Munshi. TBS Sketch

Central bank to form crisis management cell over LC opening issue: Tipu Munshi

A World Bank Group study revealed that a reduction of container release time in CTG port by one day would increase export by 7.4%. Photo: Mohammad Minhaj Uddin

LC for capital machinery down by 65%, to have long-run effects on exports: Experts

U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

Banks must inform BB before opening import LC worth $3m or above

Bangladesh Bank tightens import to save forex reserve

Bangladesh Bank tightens import to save forex reserve

Covid-19 vaccine bottling to be delayed by 3 months

Covid-19 vaccine bottling to be delayed by 3 months

Photo: Collected

Bar on back-to-back LC for non-bonded exporters likely to go