BB to use technology to thwart scams

Posted by BankInfo on Tue, Aug 18 2015 10:51 am

Bangladesh Bank has decided to use information technology to identify scams and thwart irregularities in banks.

The decision was taken at a high level meeting at the central bank yesterday with Governor Atiur Rahman in the chair.

Various decisions were taken to intensify the central bank's supervision on banks, BB Executive Director Mahfuzur Rahman told The Daily Star. “No laxity will be shown if any allegation of corruption by the Board of Directors or chief executives of any bank are found to be true,” he said.

All deputy governors, executive directors and general managers of BB were present at the meeting.

News:The Daily Star/18-Aug-2015
Posted in News, Banking

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