banks

Muhith seeks info on state of banks

MNA Business Desk: Finance Minister AMA Muhith has sought detailed and updated information about the country’s scheduled banks.

Mr Muhith asked the senior secretary of the Financial Institutions Division (FID) to take necessary action to ensure availability of the information he has sought, reported news agency.

The minister has sought to know about the volume of classified loans, outstanding loans and detailed information about the persons on the board of directors of all the banks, private and public.

The FID will request the central bank to ensure the availability of the information.

The government has taken the initiative to know about the overall state of the country’s banking sector.

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