Bank Company Act
Govt to drop wilful defaulter tag
Amendments to Bank Company Act also propose smaller boards, reducing family control
19 August 2025, 18:00 PM
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
5 July 2025, 18:02 PM
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.
2 April 2023, 03:30 AM