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Saturday, 08 November, 2025

BB Eases Foreign Travel Restrictions for Bankers

Express Report
  20 Jan 2025, 02:03

Bangladesh Bank (BB) has relaxed the policy on foreign travel for bank officials, according to a circular issued by the central bank Sunday.

The circular stated that bank officials and employees can now travel abroad for training, seminars, workshops, or study tours funded by banks.

However, officials must obtain permission from authorities concerned at their banks for such travel. This will come into effect immediately. 

The directive is issued under the authority granted by Section 45 of the Bank Company Act, 1991, the circular added.

In January, the central bank suspended bank-sponsored foreign trips and participation in educational activities, seminars and workshops abroad by central bank officials and employees. According to the directive, at their own expense, bank officials were able to travel abroad for medical treatment and Hajj.

Additionally, emergency medical treatment abroad, recommended by specialists, was allowed. Officials were also allowed to participate in training, seminars, workshops, and study tours fully sponsored by foreign organising agencies.

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BB Eases Foreign Travel Restrictions for Bankers

Express Report
  20 Jan 2025, 02:03

Bangladesh Bank (BB) has relaxed the policy on foreign travel for bank officials, according to a circular issued by the central bank Sunday.

The circular stated that bank officials and employees can now travel abroad for training, seminars, workshops, or study tours funded by banks.

However, officials must obtain permission from authorities concerned at their banks for such travel. This will come into effect immediately. 

The directive is issued under the authority granted by Section 45 of the Bank Company Act, 1991, the circular added.

In January, the central bank suspended bank-sponsored foreign trips and participation in educational activities, seminars and workshops abroad by central bank officials and employees. According to the directive, at their own expense, bank officials were able to travel abroad for medical treatment and Hajj.

Additionally, emergency medical treatment abroad, recommended by specialists, was allowed. Officials were also allowed to participate in training, seminars, workshops, and study tours fully sponsored by foreign organising agencies.

Comments

BB Warns Five-Bank Merger Could Jeopardise Investors’ Interests
BB Launches Five-Bank Merger to Form Country’s Strongest Financial Powerhouse
Billions Lost, Little Recovered — Ignoring Money Laundering?
India Freezes Anil Ambani Group Assets Worth $853 Million
Bangladesh FDI Jumps 19.13% in Year Following July Uprising