In the wake of recent governance changes in Bangladesh, foreign correspondent banks are easing their previously tightened credit lines for Bangladeshi banks. This shift follows prompt repayment of overdue import bills—over $2.5 billion—which had previously caused international banks to restrict credit access. Under new central bank leadership, Bangladesh dramatically reduced outstanding overdue payments, restoring global confidence. Major international banks, like Deutsche Bank, have already lifted previous credit restrictions, with others expected to follow as Bangladesh’s forex reserves strengthen and payment practices improve. Industry leaders expect further progress following upcoming talks with Middle East-based correspondent banks. This development is seen as a positive sign for Bangladesh’s international trade and economic stability.
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