Bangladesh Bank launches surprise inspections at 40 commercial banks over savings certificate complaints

Bangladesh Bank has initiated unannounced inspections at branches of 40 commercial banks across the country. The central bank's Debt Management Department is conducting these inspections today and tomorrow, with officials not disclosing their identities, to investigate allegations that banks are discouraging customers from purchasing government savings certificates. This action follows a directive issued last week by the central bank to all scheduled banks, instructing them to continue selling savings certificates and address related customer complaints promptly.