Annual financial closing of banks on December 27

The annual financial accounting of the country's scheduled banks will be closed on December 27 instead of December 30.

The Bangladesh Bank took the decision as the 11th parliamentary election is scheduled to be held on December 30.

A circular issued by the central bank's its Offsite Supervision Department (OSD) gave the information on Tuesday.

However, the bank holiday will remain as usual on December 31, the circular said.