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Bangladesh Bank tightens corporate ownership rules for banks
Original: BB tightens corporate ownership rules for banks
Bangladesh Bank has tightened rules on corporate ownership of banks, according to reporting by The Business Standard. The move is part of the central bank's ongoing effort to strengthen governance in the country's banking sector, where ownership concentration and connected lending have long been cited as sources of financial risk and weak oversight.
Why now: The central bank's reform of bank ownership rules is drawing attention amid wider concerns about governance in Bangladesh's banking sector.
Bangladesh BankThe Business StandardBangladesh
Evidence
- BB tightens corporate ownership rules for banks · tbsnews.net
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