The Centre for Policy Dialogue on Monday observed that the recent trend in the performance of the banking sector which is encumbered with inefficiency and
malpractices was not supportive to a sustained economic development.
‘Overall performance of the sector has not been
banking sector
Banking sector reels as defaulted loan soars by Tk 8,294cr in Q1
The amount of defaulted loan in the banking sector increased by 19.41 per cent from Tk 42,725.51 crore as of December 31, 2012 to Tk 51,019.91 crore as of March 31, 2013, according to the latest Bangladesh Bank data released on Monday. The defaulted loan in the banking sector increased by Tk 8,294.40 crore in just first three months of the current year because
Dual regulatory system affecting banking sector
Say experts
Political consideration in governing the banking sector and dual regulatory system for the state-owned commercial banks are the major problems for banking sector reform,
said speakers at a discussion on Saturday.
At the roundtable ‘Banking Sector Governance:
Banking sector reeling from political unrest
The country’s banking business has severely been affected due to political unrest and frequent shutdowns in the last few months, said top executives of some commercial banks.
They said that both collection of deposits and disbursement of loans had decreased alarmingly amid lower presence of clients in the bank due to the unrest.
Safeguarding citizen’s money
Sadiq Ahmed
Banking is an entirely different ball game. When a licence is given to a bank to manage citizen’s money, the government is taking on a huge responsibility. By granting the licence, it is essentially certifying that it has confidence in the enterprise and trusts that the enterprise will safeguard the citizen’s money it mobilises through deposit taking.
In banking, safety is of paramount importance; returns are relatively less significant. Ask citizens whether they prefer a bank that gives 20 percent return but a large probability of failure to a bank that gives 10 percent