Body to ensure security of state banks formed

Posted by BankInfo on Wed, Mar 19 2014 11:08 am

The government has formed a six-member committee to recommend measures within two months to help prevent burglary at the state-owned banks.

The committee of the Banking and Financial Institutions Division (BFID) would make surprise visits to any branch of the eight state-owned banks to see on ground the actual security condition of the branches, said an official yesterday.

He said the committee was formed in the backdrop of burglary in Bogra and Kishoreganj branches of Sonali Bank.

Earlier, Banking Division Secretary Aslam Alam had said they formed a committee, headed by BFID’s additional secretary Amalendu Mukherjee.

Other members of the committee are Bangladesh Bank Executive Director of SM Muniruzzaman and deputy managing directors of Sonali, Janata, Agrani and Rupali banks. It could co-opt any officers and experts, if necessary.  

According to a circular issued yesterday, the committee will give suggestions after receiving related recommendations from state-owned banks. It would regularly evaluate and monitor the security and vault management of the bank branches after the inspection.   

The committee will also look after the insurance policy and rules for vault and security, and seek help from Bangladesh University of Engineering and Technology to enhance the technical standard of the strong rooms, vaults and other safety aspects.

Meanwhile, Sonali Bank board formed 61 teams to monitoring the security management of every chest branches of the across the country. 

News:Dhaka Tribune/19-Mar-2014

 

Posted in Banking, News

Comments