The central bank has given all banks directives to go by educational criteria in recruiting members of their staff.
In a circular yesterday, Bangladesh Bank (BB) said it found some banks not complying with the criteria with regard to traditional and GPA (grade point average) evaluation systems.
Asking the banks to strictly follow the education ministry criteria on academic performances, BB pointed out that GPA-3 and above mean first division in the traditional system. GPA-2 and above are equivalent to second division and GPA-1 and above third division.
