Desk Report,
Islamic banks will be merged into two large banks: Governor
Bangladesh Bank Governor Ahsan H. Mansur said that work is underway with foreign organizations to recover laundered money. In this case, both legal and moral steps need to be taken. Those who have laundered money will have their lives made difficult so that no one launders money in the future. For this, the support of all parties concerned is needed.
Islamic banks will be merged into two large banks: Governor
At that time, the governor also said that Islamic banks will be merged to form two large Islamic banks. Political support is needed to keep the banking sector reforms going. Even if there is a change in politics, these reforms must continue and the autonomy of the central bank must be maintained.
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Bangladesh Bank Governor Dr. Ahsan H. MansurPhoto: Prothom Alo
Bangladesh Bank Governor Ahsan H. Mansur said that work is underway with foreign organizations to recover laundered money. In this case, both legal and moral steps need to be taken. Those who have laundered money will have their lives made difficult so that no one launders money in the future. For this, the support of all parties concerned is needed.
At this time, the Governor also said that two large Islamic banks will be established by merging Islamic banks. Political support is needed to keep the banking sector reforms going. Despite the political changes, these reforms must continue and the autonomy of the central bank must be maintained.
Governor Ahsan H. Mansur made these remarks in his speech as the chief guest at the inaugural ceremony of the Bangladesh Institute of Bank Management (BIBM) Annual Banking Conference on Wednesday. BIBM Director General Md. Akhtaruzzaman presided over the event, and Grameen Bank Chairman and North South University Vice Chancellor Abdul Hannan Chowdhury presented the keynote address.
The Governor said that changes have been made to the boards of those banks in which irregularities have occurred, in the interest of depositors. First, changes were made to 11 banks and then to two more banks. Another bank itself has made changes to its board. Changes are being made to the Bank Companies Act. Who will be on the board, who will be independent directors, their qualifications are being determined.
