Banking sector reform
Key reforms needed to salvage the banking sector
The banking industry as a business is inherently risky.
‘We were forced to leave UCB, and the PM knew everything’
Former land minister Saifuzzaman Chowdhury Javed compelled UCB board members to resign and former prime minister Sheikh Hasina was aware of this, according to the lender’s new Chairman Sharif Zahir.
The long, dark past of UCB
The central bank has just reconstituted the board of United Commercial Bank (UCB) for financial wrongdoings, but it has a darker past – a takeover at gunpoint by a politically influential family over a quarter of a century ago.
UCB freed from ex-land minister, family’s grip
The family of former land minister Saifuzzaman Chowdhury Javed lost its grip on United Commercial Bank (UCB) yesterday as the Bangladesh Bank dissolved the lender’s board of directors.
Govt to form banking commission soon
The interim government will soon form a banking commission, a longstanding demand from economists, to bring about reforms aimed at salvaging the financial sector, which has been suffering from high default loans and weak governance.
Roadmap for banking reforms: Old wine in a new bottle?
In February 2019, the central bank lowered the timeframe to three years from five years. And what has that achieved?
‘Reform banking sector to be a middle-income country by 2031’
The banking sector should go through holistic reforms to strengthen the country’s financial base in order to become an upper middle-income nation by 2031, Asian Development Bank’s Country Director Edimon Ginting said.
Key reforms needed to salvage the banking sector
The banking industry as a business is inherently risky.
‘We were forced to leave UCB, and the PM knew everything’
Former land minister Saifuzzaman Chowdhury Javed compelled UCB board members to resign and former prime minister Sheikh Hasina was aware of this, according to the lender’s new Chairman Sharif Zahir.
The long, dark past of UCB
The central bank has just reconstituted the board of United Commercial Bank (UCB) for financial wrongdoings, but it has a darker past – a takeover at gunpoint by a politically influential family over a quarter of a century ago.
UCB freed from ex-land minister, family’s grip
The family of former land minister Saifuzzaman Chowdhury Javed lost its grip on United Commercial Bank (UCB) yesterday as the Bangladesh Bank dissolved the lender’s board of directors.
Govt to form banking commission soon
The interim government will soon form a banking commission, a longstanding demand from economists, to bring about reforms aimed at salvaging the financial sector, which has been suffering from high default loans and weak governance.
Roadmap for banking reforms: Old wine in a new bottle?
In February 2019, the central bank lowered the timeframe to three years from five years. And what has that achieved?
‘Reform banking sector to be a middle-income country by 2031’
The banking sector should go through holistic reforms to strengthen the country’s financial base in order to become an upper middle-income nation by 2031, Asian Development Bank’s Country Director Edimon Ginting said.