Asif Showkat Kallol

As a specialised bank it is proposed to bring under a separate pay scale like Bangladesh Bank and state-run commercial banksThe employees of sate-owned Bangladesh Krishi Bank (BKB) are not going to enjoy any new pay scale and have to remain satisfied with the existing one.

Banking Division Secretary M Aslam Alam told it to the Dhaka Tribune yesterday as the specialised bank proposed to bring it under a separate pay scale like Bangladesh Bank and state-run commercial banks.“The government pays salaries to BKB staff while the state-run commercial banks make the payments from their profits and are controlled by board of directors,” said the secretary.

The BKB chairman recently sent a proposal to finance ministry to bring the specialised bank’s employees under the new pay structure approved for the four state banks.BKB is a fully government-owned specialised bank in the country to provide loan facilities to the farmers for their agricultural products.The bank was established under the Bangladesh Krishi Bank Order 1973 (President’s Order No 27 of 1973).Since its inception, BKB has been providing financial service to the country’s agricultural sector. It operatescommercial banking alongside its usual activities.

After the law ministry’s clearance, Finance Minister AMA Muhith last week directed the banking division to expedite the implementation process of the new salary structures for Bangladesh Bank and state banks.

News:Dhaka Tribune/31-Mar-2014