Then they gave the end of the year as another excuse,” said ABM Ruhul Azad, an additional secretary at the Financial Institutions Division. Besides Sonali, Agrani, Janata, Rupali, BDBL and BASIC, Bangladesh has 11 specialised state-owned banks and financial institutions, including Bangladesh Krishi Bank, Rajshahi Krishi Unnayan Bank, Ansar-VDP Unnayan Bank, Employment and Expatriates’ Welfare Bank. The Financial Institutions Division in an order on Dec 9, 2019 transferred the nine officials from state-owned commercial banks to the specialised banks. Three of the Rupali Bank and two of the Janata Bank were transferred to Bangladesh Krishi Bank while the four others were transferred to Rajshahi Krishi Unnayan Bank, Ansar-VDP Unnayan Bank and Expatriates’ Welfare Bank. Rupali Bank’s Managing Director Obayed Ullah Al Masud could not be reached for comments.

Source: bd News24 January 10, 2021 18:11 UTC