Five new commercial banks have achieved the ‘go’ sign from the Bangladesh Bank by complying with the preconditions. This decision was taken at the Central Bank during the meeting of board of directors with the governor Mr. Atiur Rahman. The issuance of the license is going to take place soon as per the statement of deputy governor of Bangladesh Bank. BB checked business plans of the applicant banks, after which they achieved the No-Objection certificates (NOC). The Banks that gained the NOCs are NRB Commercial Bank, Union Bank LTD, South Bangle Agriculture and Commerce Bank, Meghna Bank LTD and NRB Bank LTD. Midland Bank LTD also presented their business plan, the board however asked the applicant bank to review and clarify their plans further before representing their business strategies in their next meeting. The five banks will be receiving their NOCs by the Bank Regulation and Policy dept. (BRPD) of the Central Bank, in order for them to be able to register with the R...