Tuesday 6 December 2011

Basis/Criteria for Loan Classifications; Classification of Investment & other assets; according to Bangladesh Bank Circular:



Objective Criteria:
Types of loan
UC
SS
DF
Bad & Loss
Standard
SMA
Continuous
No overdue & overdue up to 2 months
Overdue more
than 2 months.
Overdue more
than 3 months
Overdue more than 6 months
Overdue more than 9 months
Demand
No overdue & overdue up to 2 months
Overdue more
than 2 months

Overdue more
than 3 months
Overdue more than 6 months
Overdue more than 9 months
Term Loan
No overdue & overdue up to 2 months
Overdue more
than 2 monthly installments

Overdue more
than 3 monthly installment
Overdue more than 6 monthly installment
Overdue more than 9 monthly installments
Short Term Agricultural & Micro Credit
No overdue & overdue up to 12 months

Irregular more
than 12 months
Irregular more
than 36 months
Irregular more
than 60 months





Note: O = Overdue, SS=Substandard, DF=Doubtful, SMA=Special Mention Account, SAC=Short Term Agricultural Credit, MC=Micro Credit, N/A=Not Applicable.

Investment and Other Assets Classification and Provisioning System:
As per Bangladesh Bank, BRPD Circular No. 14 dated June 25, 2001 guidelines for classification and provisioning of investment and other assets are as follows:
01.   For Investment:
·         The investment balance other than Govt. securities, which is shown in the books of account under the head of Investment that is security investments in private companies say share, debenture etc. will not come into the direct classification rules.

·         But, these investments are to be valued on months basis as per qualitative criteria from the reference date and if the market value of the investments becomes lower than book value, the difference would be treated as investment loss.

·         100% provision is to be required for the amount of investment loss.

02.   For the other assets:
Sometimes unadjusted expenditures are shown in the books of account under the head of Other Assets. The classification rules will be applied directly on these unadjusted expenditure.

2.1 Unadjusted Expenditure:
Unadjusted expenditure items like business development expenses, travelling, entertainment, salaries, advertisement, and sundry expenses, etc. include in other assets but these are not actual assets for the banks. If no adjustment is made in regard of these assets within 1(one) year from the date of creation of such expenditures, it will be classified as ‘Bad/Loss’ and it is required to keep 100% provision against these expenditures.

2.2 Suit Filling / Legal Expenses:
If suit filing or legal expenses is included in the other assets, the expenses in regard of legal proceeding under process will have some uncertainty and for this reason it has to be classified as ‘Doubtful’ and 50% provision is required to maintain this item. If there is any unadjusted legal expenses against settle case, this has to be classified as ‘Bad/Loss’ and 100% provision is required.

2.3 Fund Defalcation / Protested Bills:
Due to fraud – forgeries, robbery, fund defalcation, etc. such type of item is created. By applying qualitative judgment, if it is expected that it is possible to recover from the person(s) who are involved with it then it will be treated as ‘Doubtful’ and 50% provision is required. If it is unlikely to recover whole or part amount then it will be treated as Bad/Loss and 100% provision is required.

2.4 Other Expenses / Losses: Other expenses and losses which are included under ‘Other Assets’ have to be treated as ‘Bad/Loss’ and 100% provision is required for that. 

Major forms of loans and advances as per latest BRPD Circular:



a.       Continuous Loan: The loan which is sanctioned without specific repayment schedule but there is a specific expiry date. Example: OD, CC, PC, LIM, LTR etc.
b.      Demand Loan: When loan is sanctioned on the basis of repayment depends upon the demand of the bank than it can be treated as demand loan. Contingent or other liabilities which are converted into forced loan (for which there is no previous formal approval as regular credit) are also to be treated as demand loan. Example: LIM, PAD, FBP, IBP etc.
c.       Term Loan: The loans which have specific expiry dates for repayment and for which repayment is scheduled through specific repayment schedule are treated as fixed term loan. Example: Project Finance, Industrial Finance etc.
d.      Short Term Agricultural Credit and Micro-Credit: Short Term Agricultural Credit and Micro-Credit means the credit which are enlisted as short term credit under the Annual Credit Program announced by Agricultural Credit Department of Bangladesh Bank. Credit in agricultural sector repayable within 12 months is also included in this category. Short Term Micro-Credit means the credit which have loan limit less than Tk. 25000.00 and repayable within 12 months. Micro credit may be even non-farm credit, self employment credit, loom-loan or any forms of credit under the own credit program of the banks.

LOAN CLASIFICATION, PROVISIONING


Loan classification is the act of grouping or arranging of loans and advances according to their status like unclassified, substandard, doubtful and bad-loss based on given criteria.
Provisioning means setting aside certain fund from current year profit against possible loan losses.
Effects of Loan classification:
·         Interests applied on loan are not taken into account because such interests are to be taken into account only on its realization.
·         Banks have to make provisions on classified loans as per guidelines provided by the Bangladesh Bank from income earned by them on performing loan.
Objective of loan classification:      
·         Find out net-worth of a bank.
·         Assess financial soundness of bank.
·         Determine required provision and the amount of interest suspense.

Importance of Loan Classification:
·         Strengthen credit discipline;
·         Improve loan recovery positions &
·         Make future planning of loan.

Friday 14 January 2011

Policy Guidelines for Green Banking, Draft Guide lines of Bangladesh Bank

Website: www.bangladesh-bank.org
www.bangladeshbank.org.bd
DRAFT CIRCULAR
Banking Regulation & Policy Department
Bangladesh Bank
Head Office
Dhaka
January    , 2011 
BRPD Circular No.              Date:     ----------------------  Poush       , 1417


Chief Executives
All Scheduled Banks in Bangladesh
Policy Guidelines for Green Banking
Introduction: 
We are aware that global warming is an issue that calls for a global response. The rapid change in climate will be too great to allow many eco systems to suitably adapt, since the change have direct impact on bio diversity, agriculture, forestry, dry land, water resources and human health. Due to unusual weather pattern, rising greenhouse gas, declining air quality etc society demands that business also take responsibility in safeguarding the planet. Green finance as a part of Green Banking makes great contribution to the transition to resource-efficient and low carbon industries i.e. green industry and green economy in general. Green banking is a component of the global initiative by a group of stakeholders to save environment. The state of environment in Bangladesh is rapidly deteriorating. The key areas of environmental degradation cover air pollution, water pollution and scarcity, encroachment of rivers, improper disposal of industrial medical and house-hold waste, deforestation, loss of open space and loss of biodiversity. In addition, Bangladesh is one of the most climate change vulnerable countries. In line with global development and response to the environmental degradation, financial sector in Bangladesh should play important roles as one of the key stake holders. 

In response to the above, urgent measures are required by stake holders for sustainable development and thereby save the planet. Banks hold a unique position in an economic system that can affect production, business and other economic activities through their financing activities and thus may contribute to pollute environment. Moreover, energy and water efficiency and waste reduction are of high concern for many big banks. Green banks or environmentally responsible banks do not only improve their own standards but also affect socially responsible behavior of other business. 

Bangladesh Bank's Earlier Initiatives:
BB is well aware of the environmental degradation situation as mentioned above and has already given time to time directions to all scheduled banks. Commercial Banks are now required to ensure necessary measures to protect environmental pollution while financing a new project or providing working capital to the existing enterprises. Banks have been advised to facilitate their clients with utmost care in opening Letter of Credit (L/C) for installation of Effluent Treatment Plant (ETP) in the industrial units. Banks have been advised to finance in Solar Energy, Bio-gas, ETP and Hybrid Hoffman Kiln (HHK) in brick field under refinance programs of BB. A comprehensive guideline on Corporate Social Responsibility (CSR) has been issued where banks have been asked to concentrate hard on linking CSR at their highest corporate level for ingraining environmentally and socially responsible practices and engaging with borrowers in scrutiny of the environmental and social impacts. Banks have been brought under the purview of Ecommerce with a view to providing the customers with online-banking facilities covering payments of utility bills, money transfer and transactions in local currency through internet as well. Considering the adverse effects of Climate Change, banks have been advised to be cautious about the adverse impact of natural calamities and encourage the farmers to cultivate salinity resistant crops in the salty areas, water resistant crops in the water locked and flood prone areas, drought resistant crops in the drought prone areas, using surface water instead of underground water for irrigation and also using organic fertilizer, insecticide by natural means instead of using chemical fertilizer and pesticides.   

Adopting Green Banking Policy:

Now it is the high time for the banks to adopt a comprehensive Green Banking Policy in a formal and structured manner in line with global norms so as to protect environmental degradation and ensure sustainable banking practices.

With a view to developing green banking practices in the country,  an indicative Green Banking Policy and Strategy framework has  been developed for the banks in the following manner:

Green Banking Policy needs to be covered through time frame work which will be segregated into 3 phases. 

1. Phase-I
Banks are to develop green banking policies and show general commitment on environment through in-house performance. The time lining for the actions to be taken under phase-I should not exceed June 30, 2011.

1.1 Policy Formulation and Governance
Bank shall formulate and adopt broad environmental or Green Banking policy and strategy approved by their Board of Directors. A high powered Committee comprises directors from the Board in case of scheduled Bangladeshi Banks and a high powered committee comprises Regional Chief of Global Office and members from the top management including CEO in case of Foreign Banks should be responsible for reviewing the banks environmental policies, strategies and program. Bank shall approve a considerable fund in their annual budget allocation for green banking. 

Banks are required to establish a separate Green Banking Unit or Cell having the responsibility of designing, evaluating and administering related green banking issues of the bank. A senior executive should be assigned with the responsibility of heading the unit. The unit will report to the high powered committee time to time.

1.2 Incorporation of Environmental Risk in CRM
Banks shall comply with the instructions stipulated in the detailed guidelines (expected to be circulated soon) on Environmental Risk Management (ERM) in consideration of a part of the Green Banking Policy. Bank shall incorporate Environmental and Climate Change Risk as part of the existing credit risk methodology prescribed to assess a prospective borrower. This will include integrating environmental risks in the checklists, audit guidelines and reporting formats. All of this will help mainstream Environmental Risk that cover possible sources of Environmental Risk such as Land use, Climate change related events (cyclone, drought), Animal diseases /pathogens such as avian influenza, solid waste including waste feed, animal waste, carcasses, sediments, wastewater discharges, hazardous materials, etc will be reviewed under Environmental Due Diligence (EDD) checklists.

1.3 Initiating In-house Environment Management
Banks shall prepare an inventory of the consumption of water, paper, electricity, energy etc by its offices and branches in different places. Then it should take measures to save electricity, water and paper consumption. A 'Green Office Guide' or at least a set of general instructions should be circulated to the employees for efficient use of electricity, water, paper and reuse of equipments. In place of relying on printed documents, on line communication should be extensively used (where possible) for office management to save papers. Installation of energy efficient electronic equipments and automatic shutdown of computers, fans, lights, Air Coolers etc will help reducing electricity consumption. Energy saving bulbs should replace normal bulbs in branches/offices of the banks. Banks should make plan to use solar energy at their premises to save electricity. Bank should take steps to save energy from corporate business travel and encourage employees to purchase energy efficient cars (that consume less fuel) can reduce gas and petroleum consumption.

1.4 Introducing Green finance:
Eco friendly business activities and energy efficient industries will be given preference in financing by bank. Environmental infrastructure such as renewable energy project, clean water supply project, wastewater treatment plant, solid & hazardous waste disposal plant, bio gas plant, bio-fertilizer plant should be encouraged and financed by bank. Consumer loan programs may be applied for promoting environmental practices among clients.

1.5 Creation of Climate Risk Fund
Bank should finance the economic activities of the flood, cyclone and drought prone areas at the regular interest rate without charging additional risk premium. However, banks should assess their environmental risks for financing the sectors in different areas for creating a Climate Change Risk Fund.  This will be used in case of emergency. The bank would ensure regular financing flows in these vulnerable areas and sectors. The fund could be created as part of banks’ CSR expenses. 

1.6 Introducing Green Marketing
Green marketing is the marketing of products that are presumed to be environmentally safe. Green marketing incorporates a broad range of activities, including product modification, changes to the production process, packaging changes, as well as modifying advertising. It refers to the process of selling products and/or services based on their environmental benefits. Such a product or service may be environmentally friendly in itself or produced and/or packaged in an environmentally friendly way. Banks should use environmental causes for marketing their services to consumer. Green marketing is expected to help awareness development among common people.

1.7 Online Banking
Online banking is the practice of making bank transactions or paying bills via the Internet on a secure website of the respective bank that allows the customers to make deposits, withdrawals and pay bills.   Banks should give more emphasis to make the easiest way to help environment by eliminating paper waste, saving gas and carbon emission, reducing printing costs and postage expenses.

1.8 Supporting Employee Training, Consumer Awareness and Green Event
Employee awareness and training on environmental and social risk and the relevant issues should be a continuous process as part of the bank's Human Recourse Development. Awareness Development among consumers and clients would be a continuous job of a bank under its public relation department.

1.9 Reporting Green Banking Practices
Bank should report on the initiatives/activities under phase-1 program to BB on quarterly basis and in their respective websites. Bank should report their green banking activities in their annual reports as well.


2. Phase-II
The time lining for the actions to be taken under phase-2 should not exceed June 30, 2012. Tasks to be completed may be as follows:

2.1 Sector Specific Environmental Policies
Banks need to formulate strategies to design specific policies for different environmental sensitive sectors such as Agriculture, Agri-business (Poultry & Dairy), Agro farming,  Leather(Tannery), Fisheries, Textile and Apparels, Renewable Energy, Pulp and Paper, Sugar and distilleries, Construction and  Housing, Engineering and Basic Metal, Chemicals (Fertilizers, Pesticides and Pharmaceuticals),  Rubber and Plasic Industry, Hospital/Clinic, Chemical Trading, Brick Manufacturing, Ship breaking  etc.

2.2 Green Strategic Planning
A bank should determine green targets to be attained through strategic planning. Bank should determine a set of achievable targets and strategies, and disclose these in their annual reports and websites for green financing and in-house environment management as well. For in-house environment management, the target areas should cover attaining energy efficiency in the form of  the use of renewable energy, reduction of electricity, gas, and petrol consumption,  reduction of GHG emissions, issuance of e statements, electronic bill pay, saving papers, environment friendly office buildings etc. For Green Financing, the target areas should cover reducing loans for certain environmentally harmful activities, attaining a particular percentage of environmental loans as percentage of total, introducing eco-friendly financial products etc

2.3 Setting up Green Branches
A Green Branch should be featured by the provision of the maximum use of natural light, use of renewable energy, use of energy saving bulbs and other equipments, reduced water and electricity use, use of recycled water etc. Such a branch of a bank would be specifically designated as a ‘Green Branch’. A Green Branch will be entitled to display a special logo approved by Bangladesh Bank. The criteria for certification of a ‘Green Branch’ will be circulated by Bangladesh Bank in due course of time.     

2.4 Improved In-house Environment Management 
Strategy of reuse, recycling of materials and equipments, and source reduction and waste minimization strategy should be part of in-house environmental management in Phase-II. Banks should increasingly rely on virtual meeting through the use of video conferencing in lieu of physical travel which would help saving cost and energy.

2.5 Formulation of Bank Specific Environmental Risk Management Plan and Guidelines
A bank should develop and follow an environmental risk management manual or guidelines in their assessment and monitoring of project and working capital loans. In addition to the compliance of national regulation the bank may set internationally accepted higher environmental standards.  In this connection, Green initiatives by a group of banks will not only be effective but will also offer competitive advantage. Bank alliances may prepare standard and guidelines for themselves for improving Green Banking practices.   

2.6 Rigorous Programs to Educate Clients 
Clients and business houses should be encouraged and influenced to comply with the environmental regulations and undertake resource efficient and environmental activities. Banks should introduce rigorous programs to educate clients. 

2.7 Disclosure and Reporting of Green Banking Activities
Banks should start publishing independent Green Banking and Sustainability reports showing past performances, current activities, and future initiatives. Updated and detailed information about banks environmental activities and performances of major clients should be disclosed.  

3. Phase-III:
A system of Environmental Management should be in place in a bank before the initiation of the activities of Phase-III.  Banks are expected to address the whole ecosystem through environment friendly initiatives and introducing innovative products. Standard environmental reporting with external verification should be part of the phase. The time lining for the actions to be taken under phase-3 should not exceed June 30; 2013.Tasks to be completed may be as follows:

3.1 Designing and Introducing Innovative Products 
Alongside avoiding negative impacts on environment through banking activities, banks are expected to introduce environment friendly innovative green products to address the core environmental challenges of the country.   

3.2 Reporting in Standard Format with External Verification 
Banks should publish independent Green Annual Report following internationally accepted format like Global Reporting Initiatives (GRI) targeting their stakeholders.  There should be arrangement for verification of these publications by an independent agency or acceptable third party.   You are requested to make your comments/views on the above draft guidelines by January 25, 2011.
    
 Yours sincerely
(K.M. Abdul Wadood)
General Manager
Phone: 7117825
gmbrpd@bangla.net

Monday 3 January 2011

Private Commercial Banks Operating Profit in the year 2010

Banks log hefty profit

Private banks logged as high as 90 percent growth in their operating profit last year, riding on a boom in stockmarket and an upward trend in external business.
Most banks marked a rise in profit, ranging from 50 percent to 90 percent, and a few posted more than Tk 1,000 crore profit.
On the last day of 2010, Friday, they sat to count the last one year's profit. Primary data of all these 30 private banks shows that their combined profit soared by 57 percent to Tk 13,203 crore last year, against Tk 8,000 crore in 2009.
Islami Bank Bangladesh, this year also, made the highest profit at Tk 1,143 crore. Besides, National Bank and AB Bank logged more than Tk 1,000 crore each.
Managing Director of Shahjalal Islami Bank Abdur Rahman Sarker told The Daily Star that the banks are involved in the stockmarket business in different ways -- they have opened their own brokerage houses and are also doing portfolio investment. As a result, a big amount of income is accruing to them from the share market.
Sarker said the banks' income from external business also went up as the world economy shook much off the recession jitters.
Senior Executive Vice President of Mutual Trust Bank AKM Shamim said the banks' income on account of fees and commission has increased. The strict monitoring by the central bank also pulled down the banks' classified loans, increasing their income.
From January 3 to December 30, the benchmark index of Dhaka Stock Exchange went up by 3,754 points, or 82 percent, to 8,290.
Bangladesh Bank (BB) data shows that the banks' total holdings in the share market were Tk 25,000 crore as of October 31 last year.
Many banks earned a big portion of their profit from the stockmarket, bankers said. A bank involved in Islamic banking made a profit of about Tk 400 crore last year. Of the amount, Tk 100 crore came from its brokerage business.
The external trade of the banks also started going up last year, with the world economy recovering from the recession.
According to BB data, import increased by about 34 percent in July-October of the current fiscal year, against a fall of about 15 percent in the same period last year.
On the other hand, export went up by 36 percent during the July-November period of the current fiscal year, whereas the country witnessed a fall by about 7 percent in such external trade in the same period a year ago.
The banks' non-interest income increased in line with the rise in import and export.
In the first six months of the last fiscal year, the non-interest income shot up by 39 percent.
Source: The Daily Star dated 02.01.2011

Saturday 1 January 2011

Band on Import and cutting of Scrap Ship

ভাঙার জন্য জাহাজ আমদানিতে নিষেধাজ্ঞা বহাল

নিজস্ব প্রতিবেদক | তারিখ: ২৭-১২-২০১০
ভাঙার জন্য জাহাজ আমদানিতে নিষেধাজ্ঞা ও এ বিষয়ে নীতিমালা তৈরি করা-সংক্রান্ত হাইকোর্টের আদেশের কার্যকারিতা স্থগিত করেননি আপিল বিভাগ। ১৫ ডিসেম্বর হাইকোর্টের দেওয়া আদেশ স্থগিত চেয়ে বাংলাদেশ শিপ ব্রেকার্স অ্যাসোসিয়েশন আপিল বিভাগে আবেদন করে। আজ সোমবার আপিল বিভাগের অবকাশকালীন চেম্বার বিচারপতি কোনো আদেশ দেননি।
এর ফলে ভাঙার জন্য জাহাজ আমদানির ক্ষেত্রে হাইকোর্টের দেওয়া আদেশ কার্যকর থাকবে বলে জানিয়েছেন বাংলাদেশ পরিবেশ আইনবিদ সমিতির (বেলা) প্রধান নির্বাহী সৈয়দা রিজওয়ানা হাসান।
শিপ ব্রেকার্স অ্যাসোসিয়েশনের পক্ষে আইনজীবী আনিসুল হক প্রথম আলোকে বলেন, হাইকোর্টের আদেশ স্থগিতের জন্য আবেদন করা হয়েছিল। আদালত শুনানি মুলতবি (স্ট্যান্ডওভার) করেছেন। এক প্রশ্নের জবাবে তিনি বলেন, এর ফলে হাইকোর্টের আদেশে হস্তক্ষেপ করা যাবে না।
জাহাজ ভাঙা শিল্পের ক্ষেত্রে ইতিপূর্বে দেওয়া হাইকোর্টের নির্দেশনা অনুসরণ না করা পর্যন্ত জাহাজ আমদানি বন্ধ করতে নির্দেশ দিয়েছিলেন হাইকোর্ট। ওই নির্দেশনার আলোকে দেশে বিষাক্ত জাহাজ অনুপ্রবেশ রোধে, পরিবেশ দূষণ নিয়ন্ত্রণে ও শ্রমিক নিরাপত্তা নিশ্চিত করতে ‘পর্যাপ্ত ও কার্যকরী’ বিধিমালা তিন মাসের মধ্যে তা বাস্তবায়ন করতে নির্দেশ দেওয়া হয়। বেলার করা এক আবেদনের পরিপ্রেক্ষিতে হাইকোর্ট এ আদেশ দিয়েছিলেন।
একই সঙ্গে নির্দেশনা বাস্তবায়নে রসায়নবিদ, পদার্থবিদ, পরিবেশবিদ, আইনবিদ, সাংবাদিকসহ সংশ্লিষ্ট বিশেষজ্ঞ সমন্বয়ে এক মাসের মধ্যে একটি উচ্চক্ষমতাসম্পন্ন কমিটি গঠন করতে নির্দেশ দেওয়া হয়।
আদালতের আদেশে বলা হয়, মানুষের স্বাস্থ্যের নিরাপত্তা বিধান না করে বর্জ্যবাহী জাহাজ আমদানি করা যাবে না। ভাঙার জন্য জাহাজ এমনভাবে আনতে হবে, যাতে মানুষের স্বাস্থ্যের ঝুঁকি না থাকে। এ বিষয়ে ইতিপূর্বে হাইকোর্টের দেওয়া রায় যথাযথভাবে অনুসরণ করতে হবে। ওই রায় অনুসরন না করা পর্যন্ত বাংলাদেশের জলসীমায় কোনো বর্জ্যবাহী জাহাজ প্রবেশ করতে পারবে না।
এর আগে ২০০৯ সালের ১৭ মার্চ কয়েক দফা নির্দেশনা দিয়ে রায় দেন হাইকোর্ট। রায়ে বাংলাদেশে অনুপ্রবেশের আগে আমদানি করা জাহাজের বর্জ্যমুক্তকরণ (প্রিক্লিনিং) নিশ্চিত করতে এবং পরিবেশ অধিদপ্তরের ছাড়পত্র গ্রহণ নিশ্চিত করতে সমুদ্র পরিবহন অধিদপ্তরকে নির্দেশ দেওয়া হয়। একই সঙ্গে পরিবেশ অধিদপ্তরের অনুমোদন সাপক্ষে সমুদ্র পরিবহন অধিদপ্তর অনাপত্তি (এনওসি) প্রদানের কথা বলা হয়।
একই সঙ্গে পরিবেশবান্ধব ও শ্রমিকদের নিরাপত্তা ঝুঁকিমুক্ত ছয়টি আইনের অধীনে একটি নীতিমালা প্রণয়ন করতে বলা হয়। সে সঙ্গে এসব বিষয় তদারকি করার জন্য একটি বিশেষজ্ঞ কমিটি গঠনের নির্দেশ দেওয়া হয়। চলতি বছরের ১১ মে হাইকোর্ট ওই রায়ে স্পষ্টতা দিয়ে হাইকোর্ট ভাঙার জন্য আমদানি করা সব জাহাজের ক্ষেত্রে পরিবেশগত ছাড়পত্র ও বর্জ্যমুক্তকরণ সনদ লাগবে বলে নির্দেশ দেন। বলা হয়, এ আদেশটি সব জাহাজের ক্ষেত্রে প্রযোজ্য।
জানা যায়, সম্প্রতি বর্জ্য ব্যবস্থাপনাসংক্রান্ত বিধিমালা খসড়া তৈরি করা হয়েছে। এ ক্ষেত্রে হাইকোর্টের ইতিপূর্বে দেওয়া রায়ের নির্দেশনা অনুসরণ করা হয়নি। এ ছাড়া ইতিমধ্যে পরিবেশগত ছাড়পত্র ছাড়া ২২টি জাহাজকে অনাপত্তিপত্র দেওয়া হয়।
এ প্রেক্ষাপটে হাইকোর্টের রায়ের আলোকে নীতিমালা প্রণয়নের নির্দেশনা চেয়ে গত ১২ ডিসেম্বর বেলা হাইকোর্টে আবেদন করে। এতে নীতিমালা তৈরি না করা পর্যন্ত জাহাজ আমদানি বন্ধ ও ইতিমধ্যে আনা জাহাজগুলো না ভাঙার নির্দেশনা চাওয়া হয়। এ আবেদনের ওপর দুই দিনের শুনানি শেষে আদালত ১৫ ডিসেম্বর এ আদেশ দেন।

ONE Bank Ltd. Restored Salary of Employees effective from 1st January 2021

Salary/Benefits of ONE Bank Ltd. reverted back to its original amount before cutting the salary benefit in the year 2020. Due adverse affect...