Janata Bank ALCO meeting held to review key strategies

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Janata Bank ALCO meeting held to review key strategies

An Asset-Liability Management Committee (ALCO) meeting of Janata Bank PLC was held at the bank’s head office on Monday.

Managing Director Md Mujibur Rahman chaired the meeting virtually. Deputy Managing Director Kazi Abdur Rahman, along with general managers and concerned deputy general managers, attended the meeting.

During the meeting, the managing director outlined strategic measures in light of the bank’s current position. He instructed officials to focus on increasing low-cost deposits, boosting foreign remittance inflows, and recovering and reducing classified loans.

He also emphasized strengthening efforts to recover written-off loans and directed officials to take necessary measures on other key operational and financial issues.

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