LC settlements

LC settlements

An aerial view of Chattogram Port. File Photo: Mohammad Minhaj Uddin/TBS

LC settlement drops by 26.6% in March

Banks settled LC payments worth $4.66 billion in March, compared to $6.35 billion during the same period last year, indicating a decline in imports

Representational image. Photo: Collected

Banks raise LC settlement dollar rates for businesses

Illustration: Ashrafun Naher Ananna/TBS Creative

Import LC settlements rose 4% in FY25