In the first two days after the launch of Sammilit Islami Bank, there was no great pressure among the customers. Besides, Central Bank Governor Ahsan H Mansoor feels that the confidence of customers has been reflected in the withdrawal and deposit situation. He gave this information at the first press conference of the combined Islami Bank Yatra at the Jahangir Alam conference room at the head office of Bangladesh Bank on Monday.
Dr. Ahsan H. Mansoor said, ‘Bangladesh Bank had prepared in advance what kind of pressure could be created if the bank was opened for full transactions. Alhamdulillah, so far the process is going very smoothly and smoothly. The chairman of the new bank, the administrators of the five merged banks and related officers have been performing their duties efficiently for the past few months.
Regarding the profit rate of Sammilit Islami Bank, the governor said, ‘Sharia-based profit rate has been determined in accordance with the market price. New Shariah compliant products will be launched for customers by integrating existing and new products. New initiatives are being taken to increase investment.’
It was informed in the press conference that more detailed information about the bank will be presented on the official opening of Sammilit Islami Bank on January 19.
Ahsan H. Mansoor said in response to a question related to the job, retrenchment and salary of the officers of the merged 5 banks, ‘We do not want to retrench anyone. However, exemption will not be given if anyone is involved in any irregularity. We are going to bring these five banks under forensics. If there is evidence of involvement in any irregularity, action will be taken according to law.
He also said, ‘A unique salary structure will be structured for the other 5 banks. Then maybe the salary may be more or less depending on the position of a bank.
In the press conference, the governor said that the resolution scheme has already been issued according to the Bank Resolution Ordinance. According to that instruction, the bank’s transactions with the depositors are going on. The process of forming the new board is also underway. Initially the board has been constituted with government representatives and soon a full board will be formed with independent directors including a chartered accountant, a banker and a legal expert.
He also said that there are two major challenges ahead—one is to launch an integrated IT system, for which the IT team of Bangladesh Bank is working. The other is a forensic audit to look into the past irregularities of the five banks. However, at the same time, importance will be given to efficient and honest officials to work in a safe and transparent environment.
