Bangladesh Bank has received 37 applications for permission to set up new banks. On the list of the applicants are many influential lawmakers, politicians and businessmen having strong links with the ruling alliance. Under pressure from government high-ups, the board of the central bank in September decided to give its approval for new banks, provided ... Read more
new private bank
BB invites new banks’ applications
Bangladesh Bank on Tuesday invited applications from interested sponsors for establishing new private commercial banks in the country. The central bank, which took the decision to allow setting up of more banks apparently under political pressure, invited the sponsors to submit their applications by