Bangladesh Bank

Banking Regulation and Policy Department   gm.brpd@bb.org.bd

Name & Designation Email Telephone Fax
Abu Farah Md. NaserDeputy Governor880-2-9530252880-2-9530465
Joarder Israil HossainExecutive Director880-2-9530419880-2-9530440
Md. Ali Akbar FarajiGeneral Manager (G)880-2-9530252--

This department is basically responsible for issuance of prudential regulations and guidelines to ensure a sound and stable banking system. The major areas covered are:

  1. Review and drafting of banking statutes.
  2. Determination of bank rate, capital adequacy requirements, asset classification and provisioning standard .
  3. Prescribing Criteria for corporate governance and insider lending and monitoring thereof.
  4. Setting criteria for internal control and risk management system of banks and monitoring thereof.
  5. Determination of accounting standards and disclosure requirements for banks.
  6. Issuance of license for opening of new bank and new business center of existing banks.
  7. Effecting disciplinary action against Board of Directors/CEO of banks.
  8. Monitoring of law suits lodged by and against banks relating to recovery of loans.
  9. Attending to works relating to development of priority/special sectors of the economy.
  10. Issuance of directives and compliance thereof under the Banking Companies Act, 1991.