According to figures released by Bangladesh Bank, the country’s central bank, settlement of import LCs jumped nearly 50% to USD 60.57 billion during the period of July 2021 to March 2022, compared to USD 40.48b for the same nine-month stretch one year ago.
Meanwhile, LC openings measured over the same time frames grew 46% to USD 68.36b from USD 46.81b.
Read next
DCW Monthly: April 2025
This month, DCW unpacks the legal and practical shifts reshaping trade finance interpretation. Why are ICC Opinions becoming increasingly scarce?
Singapore Paper Reveals Banks Pass Inspection, but have Room for Improvement
Four years after the Association of Banks in Singapore (ABS) roll out of a “Code of Best Practices – Commodity Financing”
Charter Party Bills of Lading: Know the Risk Mitigants
Most specialists in the trade finance industry are well aware of multiple court cases in recent years – many from Singapore
