“Depositors kept their hard-earned money in banks so efforts will continue in order to ensure that deposits are unaffected,” he added.
The adviser made these remarks today during a press conference at the Secretariat in Dhaka
Having a well-balanced and accountable board is paramount, especially as a bank holds and manages the funds of depositors.
The banking industry as a business is inherently risky.
It is unfortunate that the previous government fell short of its commitments to strengthen the banking sector.
The agency said the banking industry's weaknesses, including a lack of liquidity, thin capital buffers and ailing asset quality, have been exacerbated while the departure of senior central bank officials could delay ongoing structural reforms.
Banking rules were made, but none enforced or followed those, he says
Despite repeated warnings, no effective measures have been taken to rectify the poor governance.
The executive director of PRI Bangladesh says at ERF event
“Depositors kept their hard-earned money in banks so efforts will continue in order to ensure that deposits are unaffected,” he added.
The adviser made these remarks today during a press conference at the Secretariat in Dhaka
Having a well-balanced and accountable board is paramount, especially as a bank holds and manages the funds of depositors.
The banking industry as a business is inherently risky.
It is unfortunate that the previous government fell short of its commitments to strengthen the banking sector.
The agency said the banking industry's weaknesses, including a lack of liquidity, thin capital buffers and ailing asset quality, have been exacerbated while the departure of senior central bank officials could delay ongoing structural reforms.
Banking rules were made, but none enforced or followed those, he says
Despite repeated warnings, no effective measures have been taken to rectify the poor governance.
The executive director of PRI Bangladesh says at ERF event
The government’s overdependence on the banking sector to finance its budget deficit will affect the financial sector as well as hurt private sector investment and employment generation, according to experts.
