Leaders of Bangladesh Bread, Biscuits and Confectionary Manufacturers Association hailed the government and Bangladesh Bank for making mandatory for all scheduled banks of receiving metal coins from the confectionary traders.
They also demanded proper enforcement of the new rules and monitoring in the best interest of businesses.
They came up with their applause and demand at an emergency meeting at its headquarters in the city yesterday.
President of the association Md Jamal Uddin chaired the meeting.
The president said thousands of confectionary owners’ are now facing serious setback to run their business due to negligence of the scheduled banks centering the metal coins as major portion of investment of many confectionary owners’ have now been turned into metal coins.
The branches of the scheduled banks, he claimed, are not receiving the metal coins as there were no specific directives from their respective head offices.
He however said that such initiative of the central bank would help thousands of confectionary owners from their brink of destruction.
On January 11, the central bank in a circular asked all the scheduled banks to receive all sorts of metal coins from their clients so that the people can run their day to day economic activities smoothly.
In case of violation of the directive and if the allegation is proved, the concerned bank will be fined in line with the Bank Company Law, it said.