Bangladesh Bank has lifted its 2020 directive for banks to hold virtual meetings, which was implemented during the Covid-19 pandemic as part of austerity and health measures. The decision, announced in a circular, reflects the receding pandemic situation. While in-person meetings for boards, executive committees, audit committees, and risk management committees can now resume, foreign directors of banks not fully owned by Bangladeshis can still participate online. This move marks a shift from the pandemic-era restrictions, allowing banks to return to traditional meeting formats.
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