Banking

Banks to remain closed on Aug 8

Govt borrowing from BB may fuel inflation

The Bangladesh Bank today decided to keep banks closed on August 8 to contain the latest wave of the coronavirus pandemic.

The decision has been taken in line with a government instruction to continue the ongoing strict restrictions on movement till August 10.

Banks are also ordered to keep their doors open for clients between 10 am to 3 pm during the working days, according to a Bangladesh Bank notice.

Banks will be allowed to remain open until 4:30 pm to complete works other than transaction activities.

A BB official said that the central bank would take next steps on banking operation after August 10 in line with the government decision.

Banks were remained closed on Sunday and Wednesday last week as per the decision of BB.

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Banks to remain closed on Aug 8

Govt borrowing from BB may fuel inflation

The Bangladesh Bank today decided to keep banks closed on August 8 to contain the latest wave of the coronavirus pandemic.

The decision has been taken in line with a government instruction to continue the ongoing strict restrictions on movement till August 10.

Banks are also ordered to keep their doors open for clients between 10 am to 3 pm during the working days, according to a Bangladesh Bank notice.

Banks will be allowed to remain open until 4:30 pm to complete works other than transaction activities.

A BB official said that the central bank would take next steps on banking operation after August 10 in line with the government decision.

Banks were remained closed on Sunday and Wednesday last week as per the decision of BB.

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