LC openings, settlements in Bangladesh both cross $6-bn mark in Mar
Both opening and settlement of import letters of credit (LCs) in Bangladesh in March surpassed the $6-billion mark, displaying a YoY rise. The rise is being attributed to rising dollar inflow in the banking sector from higher remittances and exports. In March 2025, import LCs worth $6.46 billion were opened—a YoY rise of 6.25 per cent, $6.35 billion in import LCs settled—a 14.83-per cent YoY rise.
Both opening and settlement of import letters of credit (LCs) in Bangladesh in March surpassed the $6-billion mark, displaying a YoY rise.
The rise is being attributed to rising dollar inflow in the banking sector from higher remittances and exports.
In March 2025, import LCs worth $6.46 billion were opened—a YoY rise of 6.25 per cent, $6.35 billion in import LCs settled—a 14.83-per cent YoY rise.
