Sonali Bank has taken some initiatives to beef up security system for branches across the country.

The state-owned bank took these initiatives following two recent incidents of burglary in its two branches that cost the bank a huge amount of cash as well as business goodwill.

The finance ministry also formed a six-member committee on Monday to review the security of the vaults of the state-owned banks (SoBs) including Sonali.

Headed by Banking Division Additional Secretary Amalendu Mukherjee, the committee includes an executive director of Bangladesh Bank and four deputy managing directors from the four state-owned banks - Sonali, Agrani, Janata and Rupali banks.

The committee would prepare a report in two months time on the status of security of vaults of the SoBs and would also recommend measures for strengthening security further.

In a statement late Wednesday, Sonali Bank said it would install night vision closed circuit cameras in branches across the country in next 15 days. All the bank’s vaults will have 24-hour security alarm system soon.