Bangladesh Bank extends banking operations nationwide | Daily Star
08:40 PM, April 16, 2020 / LAST MODIFIED: 08:51 PM, April 16, 2020

BB extends banking operations nationwide

The Bangladesh Bank has decided today to extend the banking operation across the country during the ongoing shutdown.

The government has imposed lockdown for a good number of zones and districts in a bid to contain the spread of coronavirus, creating some difficulties in running banking operations, according to a central bank notice.

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As per the notice, the central bank has revised the duration of cash transactions from 10:00am to 1:00pm.

Clients were earlier permitted to deposit or withdraw money till 12:30pm every working day.

The BB also directed all bank branches, which are yet to be brought under the online network, to remain open across the country.

At least one branch of all lenders have to be kept open in every district and important commercial areas, the BB notice read.

All authorised dealer (AD) branches, which are dedicated to settle foreign exchange related transaction and are located in metropolitan and divisional cities, will remain open while other AD branches located in commercially important zones will be opened if required.

Branches of all banks will stay open in the labour-intensive industrial zones, BB said.

Outlets of all lenders, located at sea, land and air ports, will have to remain open, the notice said.

At least one branch of all banks must stay open in the lockdown areas following prior discussion with the respective administrations.

Banks must ensure that adequate cash is kept in ATM machines, the BB notice added.      

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