Political Risk

Bangladesh central bank governor says banks to be investigated for militant financing

“The Bangladesh central bank governor said on Saturday all commercial banks would be investigated for links to Islamist militants and warned lenders would be shut down if found to be involved in funding such organizations. Bangladesh Bank’s Atiur Rahman said the emergence of Islamic State (IS), the militant group active in Iraq and Syria that has spread to other countries in the region, had also increased the threat of violence and militancy in Bangladesh.”

Source: Bangladesh central bank governor says banks to be investigated for militant financing | Reuters

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