BB asks bankers to avoid cars, use public transport

Banks should take precautionary steps to reduce electricity and fuel consumption in their offices, Bangladesh Bank (BB) has urged, in view of ongoing global geopolitical uncertainties that could disrupt energy supplies.

Through a circular issued yesterday, BB instructed banks to adopt a series of energy-saving measures at their head offices, branches, and sub-branches to ensure efficient use of electricity and fuel.

The directive noted that the current global situation has created risks of disruptions in international fuel supply chains, raising concerns about potential energy shortages. To address the situation and ensure optimal use of national resources, the government has already taken several austerity measures, it added.

As part of these measures, banks have been asked to limit the use of electrical equipment, including lighting, fans and air conditioners inside their offices. Maximising the use of daylight was encouraged.

The central bank further instructed banks to maintain air conditioner temperatures at no lower than 25 degrees Celsius.

To reduce fuel consumption, banks have been advised to limit the use of vehicles and adopt cost-saving measures in both personal and institutional travel.

Officials have also been encouraged to use public transport or car-sharing where possible.

In addition, banks have been asked to restrict unnecessary travel and minimise fuel use for generators.

The use of excessive decorative lighting and the use of promotional electronic display boards in bank buildings was discouraged.

BB reminded banks to strictly follow earlier instructions -- issued on September 7, 2022 -- regarding efficient use of electricity and fuel and proper management of air-conditioning systems.

According to BB officials, the move is part of broader efforts to ensure prudent energy use in the financial sector amid global uncertainty in fuel markets.