Sylhet Office email@example.com
|Name & Designation||Telephone||Fax|
|Md. Khurshid AlamExecutive Director||880-821-726144||880-821-726145|
|Md. Abul KalamGeneral Manager (G)||880-0821-716298||0821-722183|
|Md. Sirajul IslamGeneral Manager||880-0821-719580||0821-719540|
Bangladesh Bank, Sylhet started functioning as Exchange control Unit since October, 1964. It started full-pledged functioning from 2nd September, 1983. It performs Central Banking functions and oversees the compliance of policies and procedures framed by Head Office and relevant banking laws and regulations. The operational jurisdiction of the office is limited to Sylhet division which consists of 4 (four) districts viz. Sylhet, Moulvibazar, Habigonj and Sunamgonj.
Bangladesh Bank, Sylhet Office acts as Banker to the banks and Banker to the Government (Govt). It maintains Current Accounts of main branches of all local scheduled banks and provides remittance facilities to banks, public bodies and staff in the form of Bank Draft, Govt. Draft, MT, T/T. It also maintains accounts of various departments of the Govt. It collects government revenue through government advance and payment and provides salary, allowance of government employees and different types of government bill. The Office takes part running the Automated Clearing House for the settlement of mutual obligations of the branches of banks located in Sylhet city. These banks may avail T/T discounting facilities in order to meet unforeseen shortages of cash.
This office supervises and monitors the activities of 786 branches of 54 main stream banks and 17 branches of 12 Non-bank financial institutions of its jurisdiction by means of both on-site & off-site supervision. It also supervises the activities of 195 branches of three specialized financial institutions of Sylhet Division (Grameen Bank, Ansar VDP Unnayan Bank and Karmasangthan Bank regulated by special acts). Several departments are engaged in carrying out this supervisory role. Bangladesh Bank, Sylhet office maintains regular surveillance over the foreign exchange transactions of 44 Authorized Dealers, 14 Money Changers, 3 Limited Money Changers & 1 Indenting Firms.
This office monitors and supervises the yearly agricultural credit disbursement of the banks under the "Agriculture and rural credit policy and program" formulated by Bangladesh Bank and advises commercial banks to take initiatives to publicly distribute agricultural credit, specially to women and successful farmers. Being an observer, the office helps District Agricultural Credit Committee (DACC) to play an active role in promoting agricultural credit related information and financing the agricultural sector of the region.
This office supervises the SME financing activities of the commercial banks for the development of CMSME of the region, where special emphasis is given to the advancement of the women entrepreneurs. This office, using the lead-bank method, arranges meetings/seminars, workshops, product fairs, publicly disbursement of loans to the CMSME entrepreneurs etc and thus, tries to bring all stakeholders in one platform for promoting and encouraging CMSME businesses. Contract list of banks/NBFIs' Women Entrepreneurs Dedicated Desk of Sylhet division is available at https://www.bb.org.bd/sme/branch/sylhet_wmnentrprnr_officals.pdf
Besides, the office also supervises time to time, the activities of agent banking outlets and mobile financial service centers. To bring the unbanked people of the laggard part of the society into the low cost modern banking system, Bangladesh Bank, Sylhet office, with the assistance of commercial banks, promotes financial inclusion.
The office, along with the Divisional Taskforce, actively participates in the strict management of preventing money laundering and terrorist financing and ensures compliance of existing laws, regulations and guidelines by taking miscellaneous reconciliation measures and regular Taskforce meetings.
On behalf of the govt., this office sells and en-cashes a variety of savings instruments. The office remits money to and from branches of scheduled banks, chests and sub-chests of Sylhet Division. Sometimes it also meets remittance needs of the banks outside the division. Our Cash Department transacts, sorts, examines and exchanges cash with banks and the public. The office extends refund facilities of defective notes. A number of sections of the office engaged in internal administration, welfare, internal control, procurement, supervising construction and maintenance activities.
The office also performs some developmental functions. It acts as a forum for banks, financial institutions and local business communities and holds meetings, training programs, seminars and workshops for proper implementation of national monetary policy and side by side, it ensures effective role of the banking sector with the end in view of sustaining the cascade of economic activities towards the coveted growth of Sylhet Division.