The Bangladesh Bank has taken steps to dissolve the board of
directors and management committee of state-owned Janata Bank at the same time.
This is the first time in the country’s history that the banking sector
regulator has taken such a step to dissolve the board of a state-owned bank.
The move comes after serious irregularities emerged at Janata Bank. As many as
75 percent of the bank’s loans have already turned into defaulted loans due to
the irregularities. Now, information about eve...
