61 Banks to Be Divided into 12 Groups: Governor

Date:

Post View:

61 Banks to Be Divided into 12 Groups: Governor

BM Desk : According to Central Bank Governor Dr. Ahsan H. Mansur, the nation’s 61 banks would be split up into 12 divisions according to risk and business type.

He made this statement during a news conference on the status of institutional supervision or risk-based supervision implementation in risk management that was held on Monday, July 7.

According to Dr. Ahsan, 20 banks have finished their risk-based audits, and by December, all banks will have finished theirs as well. Beginning in January 2026, banks will be subject to risk-based oversight.

In order to handle political pressure financially, he added, politics must be improved. Institutional risk supervision does not allow for political qualitative change.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

AIBL holds training workshopon investment risk management

A three-day training course titled “Investment Risk Management” has...

Monzurur Rahman Re-elected Chairman of Pubali Bank

Prominent businessman and philanthropist Monzurur Rahman has been re-elected...

Pubali Bank holds 43rd annual general meeting

The 43rd Annual General Meeting (AGM) of Pubali Bank...

Guardian to insure Plan International Bangladesh employees, dependents

Guardian Life Insurance Limited will provide comprehensive life and...