Car loans likely for specialised bank officers

FID to rastionalise benefits for all govt bankers   

Staff Correspondent | Published: 01:02, Jul 12,2019

 
 

The bankers holding the posts equivalent to assistant general manager and above of the state-owned specialised banks and financial institutions are likely to be given car loans and monthly maintenance allowances.

According to the Financial Institutions Division officials, at present only bankers holding the posts of assistant general manager and above of the state-owned commercial banks are entitled to these facilities.

FID secretary Md Ashadul Islam said that a move was taken to prepare a uniform guideline so that bankers of both commercial and specialised banks enjoyed same facilities.

In the country, there are five commercial banks – Sonali, Agrani, Janata, Rupali and BASIC banks – while the number of specialised banks and financial institutions is at least 10.

The specialised banks include Bangladesh Krishi Bank and  Rajshahi Krishi Unnayan Bank while the financial institutions include  Investment Corporation of Bangladesh and Bangladesh House Building Finance Corporation.            

Nowadays, the package of interest-free car loan of Tk 30 lakh and monthly maintenance allowance of Tk 50,000 is highly popular among public servants and bankers.

Since September 2017, the government has been providing the facilities down to the officers equivalent to deputy secretary.

Earlier, the facilities, introduced in 2012 to stop misuse of project cars, were limited only to officers holding the joint secretary-level and above posts.

On June 2, an FID meeting, presided over by additional secretary Salma Nasreen, gave positive opinions to formulate a uniform guideline on car loan facilities for bankers, said the officials.

Additional secretary ABM Ruhul Azad at the meeting pointed out that there was discrimination as only bankers holding the posts of assistant general manager and above of the state-owned commercial banks were getting the car loan facilities.

He opined that the discrimination should be addressed. Joint secretary Shukur Ali said that the division was also working to formulate a uniform guideline to give promotion to officers equivalent to assistant general manager and above of the state-owned commercial and specialised banks.

He said that there should be a uniform guideline on providing other facilities, too.

The officials said that the bankers of the specialised banks and financial insinuations had been demanding car loans and maintenance fees for quite some time.  

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