Regulatory Alerts2026-07-06
Added · Updated
BRPD-2 Circular Letter No. 07: Opening Import LC for Loan Defaulter Abdul Monem Sugar Refinery Ltd. (AMSRL) Keeping 100% Margin
Bangladesh Bank issued BRPD-2 Circular Letter No. 07 on July 6, 2026, to all scheduled banks operating in Bangladesh. This circular grants permission to open Import Letters of Credit (LCs) with a 100% margin for the loan defaulter institution Abdul Monem Sugar Refinery Ltd. (AMSRL). It forwards a copy of Notification No. BRPD-2(R-1)(Review)717/2026-2740 for the banks' information and necessary action.
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