Reforms underway in banking sector: BB governor
In a text message sent to citizens today (12 September), the governor said, “Have faith in us and carry out regular banking activities”
Reforms have already begun in the banking sector and the situation is improving fast, said Bangladesh Bank Governor Ahsan H Mansur.
In a text message sent to citizens today (12 September), the governor said, "Have faith in us and carry out regular banking activities."
Following the fall of the Awami League-led government, there has been a reshuffle in all sectors, including the banking sector.
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Boards of different banks have been dissolved while action is being taken against those who carried out widespread corruption.
The Bangladesh Bank has formed a six-member taskforce to conduct reform works in the banking sector.
This taskforce will assess the current financial situation, distressed assets and major risks in the banking sector, the central bank said in a circular issued yesterday.
It will also review the financial indicators of weak banks and liquidity situation, as well as assess the actual condition of loans, provision deficit, net capital, and actual value of assets of the banks.
