Dhaka, May 24 (UNB) - Bangladesh Bank and the Bank of Thailand recently signed a memorandum of understanding (MoU) on ‘Twining Arrangement’ at a function at the Devavesm Palace in Bangkok, an official said here Thursday.

The twinning arrangement is mainly one of the management tools to enhance capacity, professional exposure and technical know-how through mutual cooperation and employee exchange programme.

Bangladesh Bank governor Dr Atiur Rahman and Bank of Thailand governor Prasarn Trairatvorakul signed the MoU for their respective sides on May 18.

Bangladesh Bank’s areas of interest to learn from the Bank of Thailand will be risk-based supervision, accreditation programme for bank supervisors, FIU strengthening, payment systems, HR development, and how to make Bangladesh Bank Training Academy as a centre of excellence and strategic planning and implementation.

Similarly, Bangladesh Bank will offer Bank of Thailand experiences and expertise in the areas such as financial inclusion, SME and agricultural finance in Bangladesh context.

The policy and other operational issues in this regard will be finalized very soon.