Bangladesh Bank lifts ban of foreign tour for NBFIs
The Financial Institutions and Markets Department of Bangladesh Bank issued a directive in this regard today (24 March)
The Bangladesh Bank has lifted the ban on foreign travel by officers and employees of Non-Bank Financial Institutions (NBFIs).
The Financial Institutions and Markets Department of Bangladesh Bank issued a directive in this regard today (24 March).
The directive states that a circular was issued on 29 May 2022, asking officers and employees of finance companies to stop travelling abroad to participate in training, study tours, exposure visits, meetings and seminars.
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Under the new directive, officers and employees of finance companies can travel abroad with the approval of the appropriate authorities in accordance with the relevant policies of their own organisations for essential foreign travel.
However, officers and employees of finance companies who have separate instructions from Bangladesh Bank regarding foreign travel must comply with the provisions of the relevant directives.
