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To ensure good governance, the Bangladesh Bank has made it mandatory for an independent director to be between 45 and 75 years old, and none of their family members can hold shares in the bank. "If any complaint is proved against an independent director, the Bangladesh Bank will take action against him as per the Bank Company Act," according to a circular issued by the central ....
Central bank issues advisory on formation of bank boards to ensure good governance thedailynewnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailynewnation.com Daily Mail and Mail on Sunday newspapers.
Reforming the Bangladesh banking sector is long overdue considering the ongoing struggles, such as liquidity issues, poor resource management, capital crises, and underperforming loans and their potential ripple effect on the economy. Forced bank mergers have been the talk of the town in recent times. But we have seen most of the "known to be good banks" quite confused and ....
BB warns mergers, acquisitions likely for weak banks dhakatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakatribune.com Daily Mail and Mail on Sunday newspapers.