Observer appointed in Farmers Bank

Bangladesh Bank (BB) on Wednesday appointed an observer in the board of Farmers Bank.

The central bank issued an order saying that ANM Abul Kashem, general manager of BB’s foreign exchange investment department, has been made observer in the bank in a bid to improve the health of the newly established bank.

Bangladesh Bank deputy spokesman AMM Asaduzzan has confirmed the observer appointment to JagoNews24.com.