Wealth statement submission time of bank directors, MDs extended

Time to submit wealth statements for bank directors, managing directors, employees of two subordinate stages under them and their families has been extended by one and a half months.

This year, they have to submit their wealth statement within February 28 instead of January 20. The extension comes in consideration of the pandemic, an official of Bangladesh Bank has confirmed to The Daily Star.

The central bank has sent a notice yesterday in this regard to all bank boards and managing directors.

According to section 18 of Bank Company Act 1991, all bank companys' directors, managing directors and employees of two subordinate stages under them will have to submit in writing their commercial, financial, agricultural, industrial and other business' description and that of their familial and commercial involvement of interest to the management board.