Business News

Banking Hours Shortening Likely

Bangladesh Bank is likely to reduce banking hours from tomorrow in tune with a new lockdown declared by the government. The central bank will take a decision based on the government decision. The central bank now initially thinks that all private and public banks should remain open from 10:00am to 1:00pm on regular working days amidst the lockdown. But the decision will be finalised today.

The central bank would issue a set of guidelines on how banks would operate their financial services during the lockdown. The central bank ordered banks on April 1 to immediately introduce alternate-day duty rosters for their workforce in order to cope with the second wave of the coronavirus pandemic. The central bank had reduced banking hours as part of its efforts to implement the first lockdown to tackle the initial wave of the pandemic. The BB had at that time instructed banks to keep banks and their head offices open from 10:00am to 1:30pm on regular working days. 

Source: The Daily Star, 04-04-2021

Full Report: https://www.thedailystar.net/business/news/banking-hours-shortening-likely-2071713