Bangladesh Bank on Monday asked scheduled banks to take effective safety measures for their vaults to avoid burglary incidents. The central bank has given the direction as the burglars looted around Tk 16.40 crore by digging tunnel into the vault of a Sonali Bank’s branch in Kishoreganj on Sunday. To this end, the BB issued a circular to managing directors and chief executive officers of all banks asking them to ensure three types of safety measures for their vaults — structural security, technological security and insurance security.
The BB circular said the banks were not maintaining the central bank compliance to ensure the security of their vaults despite the several BB directions given earlier.
It said that the banks would have to set up security-tested doors for the vault’s room and take certificate from engineers on the strengthening of the vault room’s roof and floor.
The banks will have to set up close circuit camera and maintain alarming system in the banks’ vault room. The banks will require creating a connecting system between vault security system and central information system of the banks.
The banks will have to set up automated fire extinguisher system in the vaults’ room.
The circular said the banks would have to take insurance cover of their vaults’ money.
-With New Age input