Regulatory Alerts2026-07-06
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BRPD-2 Circular Letter No. 07: Opening Import LC for Loan Defaulter Abdul Monem Sugar Refinery Ltd. (AMSRL) Keeping 100% Margin
The document transmits a notification dated July 6, 2026, which authorizes scheduled banks in Bangladesh to open import Letters of Credit for the loan defaulter Abdul Monem Sugar Refinery Ltd. (AMSRL), subject to maintaining a 100% margin. This directive applies to the management directors and chief executive officers of all scheduled banks operating in Bangladesh.
Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh. Banking Regulation and Policy Department-2 Ref No: BRPD-2 Circular Letter No. 07 Date: 6 July 2026
To, Managing Director/Chief Executive Officer All Scheduled Banks Operating in Bangladesh
Dear Sir,
Subject: Permission to open Import Letter of Credit for Loan Defaulter Abdul Monem Sugar Refinery Ltd. (AMSRL) keeping 100% margin.
A copy of the notification No. BRPD-2(R-1)(Review)717/2026-27 issued by Bangladesh Bank on 6 July 2026 on the subject above is enclosed herewith for your information and necessary action.
Yours faithfully,
Enclosure: 01 (One).
Md. Alauddin Director (BRPD-2) Phone: 9530095
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