Bangladesh has taken an important step toward strengthening its international financial architecture by introducing the Offshore Banking Act, 2024. The objective of this legislation is to facilitate cross-border financial transactions, support foreign investment, and create a globally competitive f

Bangladesh is entering a new phase of financial innovation. As global investment into the country increases, the need for flexible, rapid, and non-traditional financing options becomes more pronounced. One such mechanism, Standby Letter of Credit (SBLC) monetisation, holds significant promise not o

Bangladesh, which is close to important south and southeast Asian markets, is a potential location for setting up a an Offshore Financial/Business Centre (OFC/OBC). With the interim government announcing a plan to establish a Free Trade Zone (FTZ) and attract global investment, the country is poise