Dhaka, Bangladesh (BBN) – The central bank of Bangladesh has asked the country’s top bankers for improving their liquidity management through implementing reform programs in the upcoming year 2012.
The advice came at a regular bankers’ meeting held in the central bank Monday with Bangladesh Bank (BB), the country’s central bank, Governor Atiur Rahman in the chair. 
“The central bank has asked the bankers to take preparations to see 2012 as a year of reforms in the country’s banking sector,” a BB senior official told BBN in Dhaka.
He also said the BB had put special emphasis on ensuring the banking sector’s stability in 2011 considering the unstable situation in the country’s capital market in 2010.
During the meeting, the central bank also asked the commercial banks to comply with the existing credit-deposit ratio (CDR) properly, the BB official added.
The central bank of Bangladesh has already set CDR at 85 percent for conventional banks while in Sharia-based Islamic banks it remains at 90 percent as the safe limit.
The commercial banks have also been advised to take necessary steps for implementation of the Basel-III framework for bank companies from 2014.
The central bank has already started preparations to implement the Basel-III framework for bank companies from 2014 in line with the global standard.
The Basel-III is a new global regulatory standard on bank capital adequacy and liquidity agreed upon by the members of the Basel Committee on Banking Supervision.
The third of the Basel Accords was developed in response to the deficiencies in financial regulation revealed by the late-2000s financial crisis. 
The Basel-III strengthens bank capital requirements and introduces new regulatory requirements on bank liquidity and bank leverage.
BBN/SSR/AD-26Dec11-9:44 pm (BST)