Saturday, April 20, 2024

Five new banks get final BB nod

Bangladesh Bank on Tuesday gave final approval to five proposed banks for getting licences. The five proposed banks which got the approval are NRB Commercial Bank, NRB Bank, Union Bank, South Bangla Agricultural Bank and Meghna Bank. ‘The BB gave the approval at its board meeting after hearing the business plans presented by

Nod to 6 more new banks

Central bank rules out political consideration The Bangladesh Bank yesterday gave the go-ahead for six new private banks, all linked with either lawmakers of ruling Awami League and Jatiya Party or influential persons. BB Deputy Governor Sitangshu Kumar Sur Chowdhury told reporters that the new banks were approved after “proper evaluation” and without any political

3 NRB banks get approval

Central bank unhappy with ranking of local aspirants, sits again Sunday The central bank yesterday approved three new banks sponsored by non-resident Bangladeshis (NRBs) on condition that they will double their earlier proposed capital. The meeting of the Bangladesh Bank Board of Directors that took the decision was adjourned till Sunday. When it resumes, proposals ... Read more

Central bank under political pressure

Intense lobbying for approval to 15 new banks Bangladesh Bank has been under pressure from politicians to give approval for at least 15 new banks, finance ministry officials say. Some ministers, Awami League lawmakers and business groups close to the ruling alliance are lobbying government high-ups for permission to set up new