Bangladesh Bank (BB) has asked authorised dealer (AD) banks, which are dedicated to doing foreign exchange businesses, to clear the import bills timely.
Otherwise, the central bank warns, the banks will lose licences for authorised dealer branches.
The central bank will also take steps against the bankers concerned for the banks' failure to settle import bills, reports BSS citing a BB circular issued on Wednesday.
The ongoing shortage of dollar has created a tough situation for some banks in Bangladesh to clear import payments on time, tarnishing the country's image in the international arena.
