A senior banker.
Talking about any industry from anywhere on the globe, customer loyalty stands as the foundation for a stable and long-term business venture. Considering Bangladesh, where market dynamics are very complex and rapidly evolving, nurturing customer loyalty is more crucial.
The banking sector of Bangladesh has expanded over the years in terms of the number of formal financial institutes and types of financing instruments and products available in the country.
Following the fall of the Sheikh Hasina-led government on August 5, Bangladesh as a nation finds itself at a critical crossroads. The subsequent political turmoil has left the country’s financial sector in a fragile position, calling for urgent strategic plans and decisive execution of ideas by the interim government. As Bangladesh stands on the brink of graduating from least developed country (LDC) status in 2026, the priorities of the interim government must be clear.
In general, e-commerce is the exchange of goods and services, and the transmission of funds and data over internet. It is governed by technology and digital platforms, including websites, mobile apps and social media, which make buying and selling more feasible.
The temptation to prioritise quick profits over long-term sustainability and ethics is predominant.
The word brand means a product, service or concept that is evidently distinguished from other products, services or concepts so that it can be simply communicated and frequently marketed.
Micro, small, and medium enterprises (MSMEs), thanks to their entrepreneurial spirit and agility, have emerged as the heart of the growing economy of Bangladesh and the backbone of the financial ecosystem.
In the thriving economy of Bangladesh, expanding the startup ecosystem and the quest for financial bootstrapping methods stands as one of the fundamental gateways to success.
The consequence of Covid-19 is not only limited to human health and well-being; the economy has been disrupted in a massive way.
One of the greatest progresses of communication in the modern era is the spread of the web or social media around the globe. The express evolution of cybernetic platforms has substantially reformed social behaviour and significantly transformed the characteristics of human activity, behaviour and ways of interaction.
Entrepreneurship is always one of the toughest careers to select as a profession. The task of establishing a new company from its grassroots is really a tough challenge for any individual with zero experience in business.
The impact of the Covid-19 pandemic on banks is relatively exclusive considering other industry trends.
This is really a great initiative that Bangladesh Bank has decided on March 29 this year to form a Tk 500 crore fund in order to help new entrepreneurs aged 21-45 years and start businesses.