Bangladesh governor moves to stamp out imbalances


The governor of Bangladesh Bank, Atiur Rahman, has told bank chief executives to make sure they comply with the central bank's new prudential and supervisory regulations, due to be implemented in the coming months.

Speaking on October 4 at the Jahangir Alam Conference Hall in Dhaka, Rahman said the central bank will prevent financial institutions becoming "too tightly woven together" through excessive interbank lending, borrowing, depositing, and debt and equity ownership.

"Bangladesh Bank will

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