Central bank of Bangladesh ‘Bangladesh Bank’ has decided to take some steps to stop possible financial scams like Hallmark scam.
Bangladesh Bank is going to introduce electronic dash boards in different banks of the country. Electronic dash board is a special machine which can detect abnormal transactions. Some indicators with graphical elements are used to monitor transaction activities. This electronic dash board will enable the central bank to detect large scale forgery.
A discussion meeting was arranged at Dhaka press club yesterday. Deputy Governor of Bangladesh Bank and some other experts on banking sector was present there. The deputy governor said central bank has only two hundred to two hundred and fifty inspectors to inspect the banks. Bangladesh bank is working within its limitation. But Bangladesh Bank was the first organization to detect Hallmark scam. The scam would the detected earlier if there were electronic dash boards in banks.