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6 April, 2020 00:00 00 AM
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BB fixes 5pc LC margin for baby food import

BSS, Dhaka

Bangladesh Bank (BB) has instructed the commercial banks to allow maximum 5 per cent letter of credit (LC) margin for baby food import on the basis of bank-client relationship to ensure sufficient supply of the essential item in the country.

 The central bank has given the instruction to all banks considering the ongoing situation created by coronavirus outbreak across the world, said a BB press release issued on Saturday.

The importers will have to ensure the highest cautious for keeping the imported goods free from coronavirus, the release added.

The instruction will be applicable till June 30.

 

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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