Bangladesh Bank Headquarters

Dhaka, Bangladesh (BBN) – The central bank of Bangladesh has identified 10 commercial banks as top import financing institutes of Bangladesh for the first time on the basis of July-August imports figures.

The banks are: United Commercial Bank Limited (UCBL), Exim Bank Limited, Islami Bank Bangladesh Limited (IBBL), Prime Bank Limited, HSBC, Standard Chartered Bank (SCB), Bank Asia Limited, Southeast Bank Limited, Social Islami Bank Limited (SIBL) and Sonali Bank Limited.

“We’ve prepared the list for our monitoring and supervision purposes,” a senior official of the Bangladesh Bank (BB) told the BBN in Dhaka without any elaboration.

The BB, the country’s central bank, has prepared the top 10 import financing banks’ list considering their overall performances for opening letters of credit (LCs) particularly for consumer goods, intermediate goods, industrial raw materials, petroleum products, capital machinery and machinery for miscellaneous industries.

BBN/SS/AD