Bangladesh import letter of credit settlements rise 0.09% in fiscal 2026

Bangladesh’s import letter of credit settlements edged higher in fiscal 2026, rising just 0.09% from the previous fiscal year, according to provisional data from Bangladesh Bank.

Settlements totaled $70.41 billion in fiscal 2026, compared with $70.34 billion in fiscal 2025, an increase of about $70 million.

A letter of credit is a bank-issued guarantee used in international trade to ensure that a seller receives payment from a buyer when the conditions specified in the agreement are met.

The figures indicate that Bangladesh’s payments against import letters of credit remained broadly stable during the fiscal year, with only a marginal increase from the previous period.

Bangladesh Bank provided the provisional settlement figures, according to a report published Sunday by The Business Standard.