Bank Company Act

50% of bank directors to be independent

The interim government is set to amend the Bank Company Act by reducing the board members from a single family, the BB governor tells The Daily Star

New Bank Company Act: can it heal the wounds?

 Last week the cabinet of Bangladesh okayed the draft Bank Company Act 2023 with an expressed intention to improve financial governance in our country. It was desired that if implemented properly, it could have major consequences for popularly known willful loan defaulters as well as the way our bank boards are formed and run.

July 6, 2025
July 6, 2025

50% of bank directors to be independent

The interim government is set to amend the Bank Company Act by reducing the board members from a single family, the BB governor tells The Daily Star

April 2, 2023
April 2, 2023

New Bank Company Act: can it heal the wounds?

 Last week the cabinet of Bangladesh okayed the draft Bank Company Act 2023 with an expressed intention to improve financial governance in our country. It was desired that if implemented properly, it could have major consequences for popularly known willful loan defaulters as well as the way our bank boards are formed and run.