BB asks banks to strengthen security system

Posted by BankInfo on Mon, Jul 06 2015 02:39 pm

BSS, Dhaka :Bangladesh Bank (BB) has asked all scheduled banks to heighten their security measures, with installing state of art security systems, appointing proper security staff and arranging necessary training for them.The central bank on Sunday in a directive said all banks should have security cameras like CCTV, IP cameras and spy cameras installed at the entrances and inside all of their branches. The 'Access Control System' should also be installed so the cameras remain operative round the clock. The access authorization would no way be delegated. In case of absence of the designated officer, an officer at the similar rank would be given the responsibility of the access control.Banks will arrange training for the officers responsible for operating security cameras, and the bank authorities would preserve the CCTV footages for at least one year, BB said.BB directed that banks should also install anti-theft alarm at all of their branches in phases. The anti-theft alarm will have uninterrupted connection with the BB's central information system.There should also be automated alarm systems at all branches, having connection with their head offices, nearest police stations and the offices of the Rapid Action Battalion (RAB).Security alarm system should be in place at all vaults, where automated fire extinguishing will also be installed, BB said, adding that the vault would only have limited cash. Besides, the state-owned banks would take security measures as per the recommendations of the high-powered committee on bank's security system and vault room management, formed by the Bank and Financial Institutions Division of the Finance Ministry while the public sector's banks will follow the guidelines, approved by their respective board of directors, BB said.The central bank further said that the four state-owned banks - Sonali, Janata, Agrani and Rupali would form a separate fund for facing any unexpected risks on their deposits while the private banks would ensure that their deposits are entirely covered by insurance. BB advised the banks that an officer would pay surprise visit to bank branches during weekends and after works.

News:New Nation/6-Jul-2015
Posted in Banking, News

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