Bangladesh Bank has secured corporate membership of the UK-based Business Continuity Institute, marking a significant step toward enhancing its operational resilience and aligning with international standards.
The central bank announced the development in a statement on Wednesday, describing the membership as a key milestone in strengthening its business continuity management framework.
According to the statement, the affiliation with BCI will help modernise and streamline Bangladesh Bank’s business continuity and operational resilience practices, ensuring greater stability and risk preparedness.
As part of this effort, the central bank has taken the initiative to upgrade its existing Business Continuity Plan (BCP) 2015 by formulating an improved version, titled “BCP Version 2.0”. The new framework aims to reinforce continuity, stability, and risk tolerance across its operations.
Officials said the BCI membership will enable Bangladesh Bank to align the updated plan with globally recognised standards and best practices, making the implementation process more effective.
Founded in 1994, the Business Continuity Institute is an internationally recognised organisation that sets standards, conducts research, and provides training in business continuity management, operational resilience, and crisis management.
Through this membership, Bangladesh Bank will gain direct access to the latest knowledge, guidelines, tools, and global best practices in the field.
Officials will also benefit from international training, certification programmes, seminars, and knowledge-sharing platforms, which are expected to enhance their professional capacity.
The central bank noted that around 10,000 professionals worldwide—including those from central banks, international commercial banks, and leading financial and non-financial institutions—are affiliated with BCI, making it a strong global knowledge platform.
Bangladesh Bank said the membership opens up new opportunities, not only for ensuring internal operational continuity but also for strengthening confidence in the country’s overall financial system.
It expressed optimism that engagement with BCI will help position the central bank as a modern, resilient, and future-ready institution, contributing to the country’s financial stability.