The Bangladesh Bank has issued a directive demanding all banks to display 'Yes' vote banners in every branch, aiming to raise public awareness and encourage a positive outcome in the upcoming referendum. This move is part of a comprehensive strategy to maintain the stability of the banking sector and bolster public confidence. The decision was made during a meeting on January 11, 2026, chaired by Governor Ahsan H Mansur, with the participation of four deputy governors and managing directors of private banks. The Chief Adviser's Office has already provided specific instructions for the banners. Additionally, the Bangladesh Bank suggested that banks utilize their Corporate Social Responsibility (CSR) funds to support NGO-led awareness programs related to the referendum. Governor Mansur also emphasized the importance of proactive risk management in the expansion of microloans and digital nano loans, cautioning banks to avoid creating future default risks. School banking activities will be enhanced, with branch managers expected to visit schools at least twice annually to promote student account openings. The meeting highlighted the increasing foreign exchange reserves and anticipated remittance flows during Ramadan and Eid-ul-Adha, along with ongoing efforts to attract foreign investment and streamline approvals for foreign office openings. The Foreign Exchange Regulation Act is also undergoing reforms. Regarding interest rates, Bangladesh Bank stated that reductions are currently not feasible due to persistent inflation, but officials are exploring methods to lower rates in the near future. City Bank Managing Director Mashrur Arifin expressed the bank's commitment to implementing these measures, emphasizing the importance of maintaining banking sector stability and public confidence in the lead-up to the referendum.
