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5 new banks to get BB nod this week

Times Report - February 4th, 2013

Some five new banks are likely to get approval from Bangladesh Bank (BB) this week to start their business.
The banks are NRB Commercial Bank, Union Bank, South Bangla Agricultural Bank, Midland Bank and Meghna Bank.
A competent source from the central bank said another bank–NRB Bank–would also get nod shortly after the five banks.
The central bank on Sunday reviewed the business plans.ctive banks when chairmen of the banks were also present.
An official of the central bank said of the six banks, five banks sans NRB Bank would.