Home asks BB to set up auto lock system at bank branches

AKM Zamir Uddin
banking activities

A file photo shows clients conducting banking activities at a branch of a bank in Dhaka. The home ministry has asked Bangladesh Bank to take initiative to set up auto lock system at all branches of the scheduled banks to strengthen the security of the banks. — New Age photo

The home ministry has asked Bangladesh Bank to take initiative to set up auto lock system at all branches of the scheduled banks to strengthen the security of the banks.
A BB official told New Age on Wednesday that the ministry issued a letter to the central bank early this month, asking it to take the measure.
The home ministry gave the directive following a police headquarters’ recommendation.
The BB official said that the central bank was facing a difficult situation in implementing the new security measure in the banking sector as it was a very costly system.
He said, ‘The central bank has come to know that no government or private office is yet to implement the auto lock system considering its high cost.’
Under the system, all doors of a bank branch will be closed automatically when any miscreant will try to enter into its vault room.
The banks will have to set up auto alarm system at vault rooms as the alarm system will ring to push the lock system to act, the BB official said.
On July 5 last year, the BB asked the banks to set up auto alarm system at their branches and to connect the system to at least 10 important numbers including that of respective headquarters, nearest Rapid Action Battalion offices and police stations to avoid any burglary incident.
The BB asked the banks to set up security-tested doors for the vault rooms and take certificates from engineers on the strength of the vault rooms’ roof and floor.
The BB official said that below one per cent branches of the banks set up the auto alarm system till date due to the high cost of the technological equipments.
He said that the banks might spend between Tk 40 lakh and Tk 50 lakh to implement the auto lock system at one branch.
So, the central bank is now thinking how to manage the home ministry in this regard, he added.

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement