Bangladesh Banking sector
Why is the banking sector crisis so deep-rooted?
The regime-sponsored immorality to protect or pamper the financial gangsters not only eroded the future of the banking sector, but also made the wound too difficult to recover from.
Opinion / Balancing inflation control and banking stability
Traditional contractionary policies may not be suitable for Bangladesh’s unique economic structure.
BB to design new law for bank mergers, acquisitions
The Bangladesh Bank is working to formulate a “Bank Resolution Act” for mergers, acquisitions, liquidation or recapitalisation of banks.
Can we change the story of our ailing banks?
Restoring trust in the banking sector is crucially important
The renaissance of Bangladesh Bank and some expectations
We hope that the BB governor will continue the momentum and spirit to bring order and promote the economy.
Banking sector issues that the new governor should address
Good governance and adequate legal infrastructure—relevant laws, courts and impartial judges—need to be established.
We need a bank commission that can drive radical reforms
But its objectives must be clearly defined and regularly scrutinised
Several banks are clinically dead: CPD
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).
Urgent bank reforms are crucial
Recover bad loans, punish those who exploited the sector
Central bank’s autonomy crucial for the economy
Its lack of independence has had disastrous effects
Old political issue has evolved from financial to structural problem
A longstanding political issue has now evolved from a financial concern to a structural problem in Bangladesh, according to noted economist Prof Rehman Sobhan.
The state has been captured by a select few
Bangladesh’s banking sector is bearing the brunt of the political bias towards the wealthy and the influential, experts said.
MPs blast govt for sorry state of banking sector
Three lawmakers in parliament yesterday blasted the government for the sorry state of the banking and financial sector.
A former governor’s unpleasant truths about the banking 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
Can merger be panacea for banking sector’s ills?
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.
EXIM-Padma Bank 'merger': Turning rotten apples into fresh oranges?
Bangladesh Bank deserves credit for forging the deal of signing the MoU between EXIM Bank and Padma Bank on March 18.
A cesspool of banking irregularities
Report on NRBC Bank shows how chaotic the banking sector has been
For a brighter tomorrow, put an end to corruption today
The intricate connection between politics and corruption in Bangladesh raises profound concerns that demand immediate attention.
Will merger help solve the weaker banks’ problems?
Merger takes place when two or more companies combine together to strengthen capital base and asset size.