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Govt orgs to deposit 50pc in state banks: Muhith

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Update: 2018-04-01 04:01:31
Govt orgs to deposit 50pc in state banks: Muhith

DHAKA: Finance Minister Abul Maal Abdul Muhith said all the government organizations have to deposit 50 percents (of their credits) to the state banks, as per a new decision. 

“Creating capital market is the greater challenge of the banking sector. A small group will be appointed regarding this soon,” he said.

The minister was addressing the annual conference of Janata Bank, at Sonargaon hotel in Dhaka Sunday (April 1).

“There is no scope of obstructing stability in economy. ‘Another’ situation that was experienced centering polls is absent now,” Muhith said.  

“Main objective of the government jobs is to serve, not ordering (people),” added the minister.

However, Muhith urged everyone to pay attention on enhancing the characteristic of providing service.

Bangladesh Bank Governor Fazle Kabir, Janata Bank Chairman Luna Shamsuddoha and Finance ministry Senior Secretary Yunusur Rahman, among others, addressed the conference.

BDST: 1401 HRS, APR 1, 2018
SI/SMS

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