BB to roll out strategy for efficient banking

Bangladesh Bank (BB) has prepared a five-year strategic plan to ensure efficient banking.

The plan, first of its kind in the country, focuses on stable monetary policy, automation, skilled development, capacity building and prudent credit policy.

BB Governor Atiur Rahman will disclose further details at a press conference at the central bank headquarters today.

The plan that received final touches at a weekend meeting at Jamuna Resort will be effective from January.

"We have prepared a strategic plan to face future challenges and make the central bank more efficient to support and develop the sector," said Rahman who presided over the meeting.

“At the meeting, we have noticed that BB should continue its support to the agriculture sector and increase financial assistance to small and medium enterprises by two to three times than now,” the BB chief said.

Rahman said the overall investment would get more attention in the plan and BB will encourage more investment in agriculture and SMEs.