3 new commercial banks to be launched: Kamal

SANGSAD BHABAN, Feb 28, 2019 : Three more private banks will be launched as the government in principal has decided to give licenses to the banks.

“At present there are a total of 41 private commercial banks and nine foreign banks in the country,” Finance Minister AHM Mustafa Kamal told the House while responding to a written question placed by lawmaker Md Nurunnabi Chowdhury (Bhola-3) with Speaker Dr Shirin Sharmin Chaudhury in the chair.

The central bank in its board meeting on February 17, 2019 decided to give licenses to three new commercial banks.

The three new banks are- Bengal Bank Limited, People’s Bank Limited and Citizen Bank Limited.