Bangladesh Bank

Banks asked to help accelerate import of essential goods

Last updated: April 26, 2020

Dhaka, Bangladesh (BBN)- The central bank of Bangladesh has instructed all banks to facilitate import of essential commodities, food items and electronic goods to keep the supply chain running amid the general holidays due to coronavirus pandemic.

“The Authorised Dealer (AD) banks will have to take necessary measures as per rules to release documents for the speedy release of imported goods,” the Bangladesh Bank (BB) said in a notification on Sunday.

The central bank also asked the commercial banks to provide necessary banking services to the importers during this crisis period.

On April 22, the ministry of commerce instructed all the authorities to step up to help continue production, transport and supply of electronics goods, essential commodities and food items including rice, pulses, oil, onion, salt, sugar, ginger, garlic, water, baby food; and all types of medical supplies such as masks and hand sanitisers.

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