Dhaka, Dec 18 (V7N) — Bangladesh Bank Governor Dr. Ahsan H. Mansur has said the central bank will intervene decisively if any bank fails to operate properly, emphasizing stricter oversight and accountability within the banking sector.

He made the remarks on Thursday while speaking at a seminar on the banking sector, organized by the Economic Journalists’ Federation (ERF).

The Governor announced that Bangladesh Bank will scrutinize all loans exceeding Tk 200 million, warning that penalties will be imposed in cases of irregularities or violations. He stressed that responsibility for a bank’s failure does not rest solely with its owners.

“Bank owners alone cannot destroy a bank; officials and management are equally responsible,” he said, underlining the need for institutional accountability.

Dr. Mansur also said that customers of the five recently merged banks will receive up to Tk 200,000 as part of the current measures to protect depositors and restore confidence in the banking system.

Regarding the broader economic outlook, the Governor stated that Bangladesh’s overall economy is now stable. He expressed confidence that foreign exchange reserves could reach between $34 billion and $35 billion by the end of the year, even without receiving loans from the International Monetary Fund (IMF).

The comments come amid ongoing efforts by the central bank to strengthen financial discipline and ensure long-term stability in the country’s banking sector

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