All scheduled banks in Bangladesh are set to launch a massive campaign in favor of the ‘Yes’ vote for the upcoming referendum on the July National Charter 2025, following a directive from the central bank and the Chief Adviser’s Office.
The referendum is scheduled to be held on February 12, 2026, coinciding with the 13th National Parliamentary Election.
Key Campaign Directives
According to decisions made during a ‘Bankers’ Meeting’ held at the Bangladesh Bank on Sunday, the central bank has instructed managing directors of all commercial banks to actively promote the referendum. The campaign will include:
- Display of Banners: Every bank branch across the country is required to display two vertical banners in prominent locations to encourage voters to support the constitutional reforms.
- CSR Funding: Banks have been directed to utilize their Corporate Social Responsibility (SCSR) funds to support NGOs and institutions working to raise public awareness for the ‘Yes’ vote.
- Association Support: The Association of Bankers, Bangladesh (ABB) has also pledged financial contributions toward the awareness campaign.
Banking Leaders Voice Support
Mashrur Arefin, Chairman of the ABB and Managing Director of City Bank PLC, confirmed that the instructions originated from the Chief Adviser’s Office.
“The general public desires major reforms for the betterment of the country,” Mashrur Arefin told media. “As this is an interim, reform-oriented government, it has the standing to ask for our support in sensitizing the people toward these constitutional changes. We will work in the greater interest of the nation.”
During the meeting, Bangladesh Bank Governor Ahsan H. Mansur briefed bank executives on the financial sector’s role during the election and referendum period. He emphasized the necessity of informing the public about the potential impact of the July National Charter.
Tighter Monitoring on Cash Transactions
In a related move to ensure a fair electoral environment, the Bangladesh Financial Intelligence Unit (BFIU) has intensified its vigilance.
Banks are now required to report transactions exceeding Tk 10 lakh on a weekly basis, a significant increase from the previous monthly reporting requirement. This measure aims to curb the use of illegal funds during the election and referendum campaigns.
What is the July National Charter?
The July National Charter 2025 is a consensus-based document outlining major constitutional reforms, including:
- Limiting the Prime Minister’s tenure.
- Transitioning to a bicameral parliament with a 100-member Upper House.
- Empowering the President and ensuring the Deputy Speaker is elected from the opposition.
The referendum will determine whether these proposals, born from the July-August 2024 mass uprising, will be implemented by the next parliament.
