Restoring trust in the banking sector is crucially important
We hope that the BB governor will continue the momentum and spirit to bring order and promote the economy.
Good governance and adequate legal infrastructure—relevant laws, courts and impartial judges—need to be established.
But its objectives must be clearly defined and regularly scrutinised
Several banks in Bangladesh are clinically dead but are being kept alive through bailouts, said Fahmida Khatun, executive director of the Centre for Policy Dialogue (CPD).
Recover bad loans, punish those who exploited the sector
A recent study was carried out to discover the factors that may cause bank run in Bangladesh.
Its lack of independence has had disastrous effects
A longstanding political issue has now evolved from a financial concern to a structural problem in Bangladesh, according to noted economist Prof Rehman Sobhan.
Three lawmakers in parliament yesterday blasted the government for the sorry state of the banking and financial sector.
Economists are always noted for telling unpleasant truths because they go by numbers, research, theory, and judgement. Rarely do politicians—who can manufacture arguments to suit their purpose—endorse economists who are objective. Former Bangladesh Bank Governor Dr Mohammad Farashuddin has unvei
The merger guideline for banks and financial institutions is being hailed as a major step towards fixing the problem in the financial sector, which has been weighed down by massive default loans and weak corporate governance.
Bangladesh Bank deserves credit for forging the deal of signing the MoU between EXIM Bank and Padma Bank on March 18.
Report on NRBC Bank shows how chaotic the banking sector has been
The intricate connection between politics and corruption in Bangladesh raises profound concerns that demand immediate attention.
Merger takes place when two or more companies combine together to strengthen capital base and asset size.
With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.
As most of our economic sectors depend heavily on banks, it has created many problems for the banking sector and its depositors.
Political support and a strong Bangladesh Bank are crucial to deal with the challenges, including high non-performing loans (NPLs), in the banking sector, said Mustafa K Mujeri, a former chief economist of the central bank, yesterday.