The central bank (Bangladesh Bank) has dissolved the boards of three more private-sector banks—NRB Commercial Bank, NRB Bank, and Meghna Bank.
Bangladesh Bank made this decision on Wednesday.
Confirming the matter, Bangladesh Bank spokesperson Arif Hossain Khan told the media: "The central bank has dissolved the boards of Meghna Bank, NRB Bank, and NRBC Bank.”
He addd: “An official announcement regarding the next steps will be made on Thursday."
Sources indicate that these banks faced various allegations related to irregularities and management complexities within their boards in recent times. Following a special review, the central bank decided to take this step.
Analysts believe such strict measures by Bangladesh Bank aim to restore discipline in the banking sector and protect the interests of depositors.
Notably, since the change in government, Bangladesh Bank has restructured the boards of 14 banks so far.
