Staff Reporter :
The central bank on Monday gave the final approval for one more bank despite opposition from different corners.
The approval for “Community Bank Bangladesh,” owned by Bangladesh Police, came at the Board meeting of the central bank held at its headquarters in Dhaka with Governor Fazle Kabir in chair.
Bangladesh Police Welfare Trust, a concern of Bangladesh Police, earlier applied to Bangladesh Bank on May 23 for a licence to set up the new bank.
“The Board of Bangladesh Bank gave approval of the new bank. With this new one, the number of scheduled banks in the country will stand at 59,” Sirajul Islam, a spokesperson of the central bank, told reporters at a media briefing at 9.pm.
