Regulatory Alerts2023-06-22
Added
ACD Circular No. 01: Contractual Recruitment of Manpower for Agricultural Credit in Banks
The circular instructs all scheduled banks in Bangladesh to transparently recruit experienced personnel from NGOs/MFIs as 'Agri Credit Supervisors (Contractual)' on a full-time temporary basis to strengthen agricultural credit distribution through their own networks. Eligible candidates must have at least three years of experience with approved NGOs/MFIs, be aged 25 to 40, hold a bachelor's degree, and not have been dismissed from previous employment. Banks are required to determine remuneration, manage reporting via a quarterly form submitted within seven working days of quarter-end, and may terminate contracts for valid reasons with notice.
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