• Saturday, Sep 26, 2020
  • Last Update : 04:51 pm

Banks allowed physical meetings

  • Published at 09:25 pm May 17th, 2020
Bangladesh Bank (BB) logo
Bangladesh Bank (BB) logo

But banks are advised to keep the presence of directors and other members as maximum as possible keeping the health issues and social distancing in mind amid coronavirus pandemic

Bangladesh Bank on Sunday said banks could now hold meetings of board of directors and other meeting at its conference room with physical presence.

But banks are advised to keep the presence of directors and other members as maximum as possible keeping the health issues and social distancing in mind amid coronavirus pandemic, the central bank said in a circular.

Banks will determine the number of participants keeping the space of the conference room in mind.

The remaining directors and members would participate at the meeting through video conferencing system, it said.

Earlier on March 23, the BB advised the banks to hold the meetings of board of directors, executive committee, audit committee and risk management committee through video conferencing until the Covid-19 situation improves.

The central bank yesterday said directors and others members who would participate the meeting through video conferencing would also get honorarium as per rules.

Banks, however, will be able to hold the meeting completely through video conferencing.

In that case, banks will have to preserve the video footage of the meetings.

The central bank said it took the decision in line with the necessity of bringing momentum in the banking sector for the sake of economic revival in the country.

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