The relaxed LC margin facility will remain effective until March 31, 2026
The LC margin can be set up based on the banker-customer relationship
They are: IBBL, FSIBL, SIBL, Union, Global Islami, Bangladesh Commerce
Bangladesh Bank today relaxed rules regarding financing availed by commercial importers to cater to cottage, micro, small and medium enterprises (SMEs)
Tyre importers in Bangladesh have been hit hard by the rise in the exchange rate and the doubling of the cash businesses require to pay in advance to open letters of credit to bring in the item.
