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Bangladesh Business News
Tuesday, May 26, 2015 06:21:11 AM GMT +06.00
BB starts assessing performances of four SCBs
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Dhaka, Bangladesh (BBN)- The central bank of Bangladesh started assessing performances of state-owned commercial banks (SCBs) aiming to ensure discipline through improving their internal controls, officials said.
With that end in view, the SCBs were asked to finalize business plan consultations with their respective newly-appointed boards of directors for the sake of improving their overall financial health.
On the other hand, as part of the move, the Bangladesh Bank (BB) met with the top management of the state-owned Sonali Bank Limited Thursday to discuss its different key indicators alongside the recent activities.
The BB's latest move came against the backdrop of large-scale irregularities in the commercial banks, particularly in the SCBs, in the recent months.
The central bank will hold separate meetings with three other SCBs-Janata, Agrani and Rupali banks-in this connection next week.
BBN/SSR/AD-04Jan13-7:30 pm (BST) 

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