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BB upholds penalty on Agrani Bank over false CIB report

Staff Correspondent
01 Aug 2022 21:19:29 | Update: 01 Aug 2022 21:31:59
BB upholds penalty on Agrani Bank over false CIB report
— File Photo

The Bangladesh Bank on Monday decided not to consider the application of Agrani Bank that sought exemption from the penalty imposed on the state-run bank because of submission of a false CIB report.

The decision was made at a meeting of the central bank board of directors with Governor Abdur Rouf Talukder in the chair.

Earlier, the Bangladesh Bank slapped a fine of Tk 5 lakh on the Agrani Bank for submission of a false CIB (Credit Information Bureau) report.

The meeting, however, discussed several issues, including the Tk 25,000 crore refinance scheme for Cottage, Micro, Small and Medium enterprises (CMSMEs) and a special refinance scheme for cultivating wheat and maize, as per the meeting source.

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