Banks face compliance hurdles under BB's new nominated director rules
According to central bank sources, the new provision regarding the appointment of representative directors will not apply to BRAC Bank, Community Bank, Shimanto Bank, and Trust Bank, as the majority of their shares are held by non-profit organisations or trusts.
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TBS News Independent
According to central bank sources, the new provision regarding the appointment of representative directors will not apply to BRAC Bank, Community Bank, Shimanto Bank, and Trust Bank, as the majority of their shares are held by non-profit organisations or trusts.