The Bangladesh Bank has issued a directive demanding all banks to display 'Yes' vote banners in each branch, aiming to raise public awareness and encourage support for the upcoming referendum. This move is part of a comprehensive strategy to maintain the stability of the banking sector and boost public confidence. The decision was made during a meeting on January 11, 2026, led 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 instructions for the banners. Additionally, the Bangladesh Bank suggested that banks utilize Corporate Social Responsibility (CSR) funds to support NGO-led public awareness programs related to the referendum. Governor Mansur also emphasized the importance of proactive risk management in expanding 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 a year to promote student account openings. The meeting highlighted the increasing foreign exchange reserves and anticipated remittance flows ahead of Ramadan and Eid-ul-Adha, along with ongoing efforts to facilitate foreign investment and streamline approvals for opening offices abroad. The Foreign Exchange Regulation Act is also undergoing reforms. Regarding interest rates, Bangladesh Bank stated that reductions are not feasible due to ongoing inflation, but officials are exploring ways 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 stability and public confidence in the banking sector during the referendum period.
