The central bank has dissolved the board of directors of three more private sector banks listed on the stock market. Banks are – NRB Bank, NRB Commercial and Meghna Bank.

A Bangladesh Bank spokesperson confirmed this information on Wednesday (March 12).

He said that many of the directors, including the chairmen of these banks, are absconding. Since the fall of the government, the central bank has reconstituted the management board of 14 banks.