BB warns again about unauthorised investment in saving certificates

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BSS, Dhaka :
Bangladesh Bank (BB) on Monday warned again about unauthorised investment in the 5-year Bangladesh Saving Certificate.
The central bank in a directive reissued today asked all of its executive directors and general managers and managing directors and the chief executives of all commercial banks to prepare a list of the people who invested money from the gratuity fund in the 5-year Bangladesh Saving Certificate.
BB also directed its high officials and the top executives of the commercial banks to send the list to its Debt Management Department.
The same directive was also issued last week. The BB in the directive further advised the bankers concerned to en-cash the saving certificates involving investment from the gratuity fund and suggested that the investment would not be entitled any interest.
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