Regulatory Alerts2022-12-11
Added
BRPD Circular Letter No. 49: L/C Margin on Import Financing
The Bangladesh Bank directs all scheduled banks to maintain a minimum cash margin for import letters of credit for edible oil, chickpeas, lentils, peas, onions, spices, sugar, and dates, set at a level sufficient to cover price fluctuations during the upcoming holy month of Ramadan. This directive amends the margin requirements specified in BRPD Circular Letter No. 25 dated July 4, 2022, while keeping all other instructions in that circular unchanged. The instructions are effective immediately and remain in force until further notice.
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