BB dissolves National Bank board again

Reported By: ST Report Posting Time: 2024-08-20 19:33:43 Catagory: Bank
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BB dissolves National Bank board again

The Bangladesh Bank (BB) today once again dissolved the National Bank board.
In an order issued by BB Governor Ahsan H Mansur, the banking regulator said it has dissolved the bank board for the sake of the depositors money and public interest.
The BB said the financial condition of the bank deteriorated due to the board failure in taking policy decisions.