TDS Desk:

The Bangladesh Bank will form three separate task forces on the issues of non-performing loans management, Strengthening Project and legal framework to improve the current situation of the banking sector, Association of Bankers Bangladesh (ABB) Chairman Selim RF Hussain said Wednesday (4 September), quoting BB Governor Ahsan H Mansur.

Selim made the disclosure after a meeting with the governor at the central bank office in Dhaka this afternoon.

The time required for the formation of these task forces has not been decided yet, he said, adding that experts from domestic and international institutions will be included in these task forces.

“The task forces will be of international standard. Experts from the World Bank and the International Monetary Fund may be included,” he further added.

Selim also informed that the central bank will increase its policy rate to 10% in the next 1-2 months to tame inflation.