Bangladesh Bank (BB) earlier this month fined treasury heads of 10 banks Tk 100,000 each for selling dollars at higher prices. Monday was the last date for depositing the fine. However, officials of the concerned banks have appealed to the Central Bank to review the decision of penalty. The BB Board of Directors headed by the Governor will now take a decision in this regard.
The 10 banks are: Mercantile Bank, Premier Bank, BRAC Bank, Modhumoti Bank, Midland Bank, Exim Bank, Social Islami Bank, Al-Arafa Islami Bank, Shahjalal Islami Bank and Trust Bank.
