BB asks banks to use Bangla in loan approval letters

Business Desk Published: 25 February 2018, 07:57 PM | Updated: 25 February 2018, 07:57 PM
BB asks banks to use Bangla in loan approval letters

Bangladesh Bank (BB) on Sunday asked the scheduled banks to use Bangla in loan approval letters for implementing the objective of the "Bengali Language Introduction Act, 1987”. 

"All banks will have to use Bangla in loan approval letters for implementing the goal of the Bengali Language Introduction Act, 1987 and protecting the client’s interest," said a BB circular. 

But, banks can also make loan approval letters in English as well as Bangla, the circular added. 

The circular also said the instruction will be effective from July 1, 2018. 

Source:BSS