Bangladesh Bank has announced that it had enlisted Modhumati Bank, which recently got licence from the BB, as a scheduled bank.
To this end, the central bank on Tuesday issued a circular to the managing directors and chief executive officers of all the banks asking them to inform this to all of their respective branches.
The BB circular said that the inclusion of Modhumati Bank had already been published in the Bangladesh Gazette.
It said that the new bank was enlisted on June 16.
The BB recently awarded Modhumati Bank the licence to go for full-fledged banking operation, a BB official told New Age on Wednesday.
Before getting the licence from the BB, the new bank had received approval from the Registrar of Joint Stock Companies and Firms to form banking companies, he said.
-With New Age input
