, May 11 -- To resolve the ongoing crisis in the banking sector, the government has made the 'Bank Resolution Ordinance 2025', which has been published as a gazette notification.

The ordinance is empowering Bangladesh Bank, so stricter and more organised steps can be taken to maintain the stability of the banking sector, as stated in the introduction of the ordinance.

Bangladesh Bank can take over any bank, including and financial institutions to bring stability to these institutions.

Bangladesh Bank to release newly designed banknotes ahead of Eid

To this end, the 67-page Bank Resolution Ordinance, 2025 was published in the form of a gazette on Friday (9 May), a holiday. Earlier, on 17 April, the advisery council approved the draft o...