BB restricts foreign travel of bankers ahead of national polls

Bangladesh Bank (BB) has restricted foreign travel by officials and employees of all banks and financial institutions until the upcoming national election, except in cases of absolute necessity.

In a notice today, the central bank said managing directors, chief executive officers, and all other officials must refrain from overseas travel unless it is deemed indispensable.

The restriction will remain in place until the end of the national election scheduled for February next year.

The BB issued the directive in line with the Bank Company Act, 1991. It did not clarify what would constitute essential travel.