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Banks in ‘red zones’ to remain closed


Banks in ‘red zones’ to remain closed

Banks in 'red zone' areas will remain closed as lockdown will be enforced to contain the spread of coronavirus.

A circular of Bangladesh Bank said the banks will generally keep their operations off in the red zone areas to be declared by the health directorate, city corporation or district administration.

But if there is any separate instruction from the authorities concerned, they can operate in a limited scope from 10 a.m. to 12:30 p.m. and keep the branches open until 1:30 p.m. to do their activities, said the circular issued on Monday (Jun 15).

It said the decision was taken against the backdrop of the health directorate's "Bangladesh Risk Zone-Based Covid-19 Containment Implementation Strategy/Guide" declaration.

But the head offices of the banks located in the red zones will remain open from 10:00 a.m. to 4:00 p.m. with the help of the administration, to facilitate the operation of their other branches.

The branches of banks located in Motijheel and Dilkhusha of Dhaka and Agrabad and Khatunganj of Chattogram will remain open from 10:00 a.m. to 2:00 p.m. for transactions and until 3:00 p.m. for their back-office operations.

Banks will remain open in the yellow and green zones from 10:00 a.m. to 2:00 p.m. for transactions and until 4:00 p.m. for back-office activities, said the central bank circular.

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