2 more new banks get final nod

Bangladesh Bank (BB) decided to provide licenses to two more new banks to allow entry into the private banking sector of the country.

The banks are Farmers’ Bank (Home Minister MK Alamgir) and Midland Bank (SM Moniruzzaman).

Chief executive officers of the banks presented their business plans in a board meeting of the central bank with BB Governor Atiur Rahman in chair.

After the meeting, BB Deputy Governor SK Sur Chowdhury told journalists that the banks would now get registered with the Office of the Registrar of Joint Stock Companies and Firms to set up banking companies.

On February 5, BB awarded licenses to five other banks–NRB Commercial Bank, Union Bank, South Bangla Agriculture and Commerce Bank, NRB Bank and Meghna Bank.banglanews24.com

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