trending Market Intelligence /marketintelligence/en/news-insights/trending/STB_z95gmAwWRgVfLhNj4w2 content esgSubNav
In This List

Bangladesh central bank removes NRB Commercial Bank's managing director

Blog

Banking Essentials Newsletter: January 11th Edition

Blog

Banking Essentials Newsletter December 21st Edition

Blog

The Road to Basel IV: Navigating the challenge facing European banks

Blog

Basel Framework- Utilizing data to analyze the capital position of European banks.


Bangladesh central bank removes NRB Commercial Bank's managing director

Bangladesh's central bank removed NRB Commercial Bank Ltd.'s managing director over gross irregularities, including corruption, The Daily Star reported Dec. 6.

Bangladesh Bank removed Dewan Mujibur Rahman as NRB Commercial Bank's managing director over irregularities, such as signature forgery and the interference of outsiders in the bank's board. A spokesperson from the central bank confirmed the removal.

Rahman also did not inform the central bank about the irregularities and when the central bank presented him with show-cause notices, he provided wrong information to misguide the authorities, a central bank official said.