• Wednesday, May 19, 2021
  • Last Update : 03:14 am

Banks to remain open on a limited scale amid lockdown

  • Published at 05:19 pm April 13th, 2021
Bangladesh Bank headquarters in the capital's Motijheel area <strong>Mahmud Hossain Opu/Dhaka Tribune</strong>
Mahmud Hossain Opu/Dhaka Tribune

This comes a day after the central bank issued a notice on Monday to keep all scheduled banks closed during the lockdown period

The Bangladesh Bank on Tuesday reversed its previous decision to entirely close banks during the week-long lockdown, choosing instead to keep banks open on a limited scale.

The decision was reversed after the Cabinet Division sent a letter to the central bank, requesting it to keep banks open.

Amid the strict lockdown which will begin from today, banking transactions will be carried out from 10am to 1pm and banks will remain open till 2:30pm, said Bangladesh Bank Executive Director and spokesperson Md Serajul Islam.

The main branches of banks situated in districts will be open amid the lockdown and all authorized dealer branches should be open for conducting important and urgent foreign transactions, as per a BB notice issued yesterday.

Bangladesh Bank said that a branch will be kept open within every two kilometres in the city corporation areas.

One branch of each bank, which operates at the upazila level, will have to open on Thursday, Sunday and Tuesday, as per the BB notice.

Various payment and clearing systems introduced by the central bank should continue for all types of deposits and withdrawals, distribution of allowance under the various social programs of the government, remittance payments, and payment of utility bills.

The government and the central bank’s instructions on hygiene and health guidelines should be ensured among bank officials, the BB notice adds.

Bank branches, sub-branches, booths located in the sea, land and airports, and customs areas should be open at all times by consulting with the local administration and customs authorities.

The central bank also asked the lenders to keep adequate cash at their branches and ATM booths to ensure services to their clients.

Before the move, on Monday, the central bank decided that all scheduled banks will be closed during the lockdown period.

95
Facebook 76
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail