• THURSDAY
  • NOVEMBER 21, 2024
  • /
  • Business News
BB halts TK670 crore loan of Southeast Bank

The Bangladesh Bank (BB) has halted the disbursement process of a TK670 crore loan by Southeast Bank, which was approved by the bank to give a securities company to buy shares. The loan proposal was passed in the last board meeting of this private bank. However, BB intervened and halted the proposal because the process of presenting and approving it in the board meeting of Southeast Bank was unclear or possibly not compliant with regulatory requirements