Registrar of Joint Stock Companies and Firms (RJSC) has sought information on default loans urgently from the central bank for checking loan portfolio of aspirant directors of registered companies. I think that this initiative is praiseworthy.
The issue was discussed at a meeting held Wednesday among the Bangladesh Bank (BB), the Bangladesh Securities and Exchange Commission (BSEC), the RJSC, the Insurance Development and Regulatory Authority (IDRA), the Micro-credit Regulatory Authority (MRA), the Department of Cooperatives (DoC) and the Bangladesh Telecommunication Regulatory Commission (BTRC).
The meeting was held at the central bank headquarters in the capital with BB Governor Fazle Kabir in the chair. At the meeting, the RJSC sought information on default loan from Credit Information Bureau (CIB) of the BB urgently to verify classified loan status of possible directors of new companies that applied for registration, according to meeting sources.
For details, please go to the link:
https://thefinancialexpress.com.bd/stock/bangladesh/rjsc-seeks-info-on-default-loan-status-from-bb-1524714754