Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
Bangladesh Bank has launched new efforts to tighten surveillance on five of the country’s 10 Islamic banks following allegations of irregularities in the disbursement of large loans. Five Sharia-based banks will have to report loans of more than 10 million taka to the central bank. Governor Abdur Rauf Talukdar issued a series of instructions on […]
Central bank spokesperson Mejball Haque said on Monday that its directors Abul Kalam Azad and Motassem Billah would serve as supervisors at Islami Bank and First Security Bank, respectively. Supervisors shall participate in the meetings of the Board of Directors and Executive and Audit Committees of Sharia-based banks and report to the Central Bank.
