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.
Finance Adviser Salehuddin Ahmed has vowed to mete out exemplary punishment to big loan defaulters as the interim government scrambles to fix the ailing banking sector of Bangladesh.
We have been talking about banking sector reforms since long as our banking sector is plagued with insider lending, bad loans, low capitalisation and risk coverage, weak governance, sub-optimal automation, a lack of expert manpower and non-availability of better products to serve the emerging clients and cater their shifting demands.
Punish wilful defaulters before banks’ health further deteriorates
National Bank’s plight is the result of poor banking governance
It is necessary to get an appropriate estimate of NPLs so that the actual performance of the banking sector can be understood.
So much for restoring good governance and holding bank ‘looters’ accountable
Approval of draft Bank Company Act gives hope but enforcement is key
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.
We have been talking about banking sector reforms since long as our banking sector is plagued with insider lending, bad loans, low capitalisation and risk coverage, weak governance, sub-optimal automation, a lack of expert manpower and non-availability of better products to serve the emerging clients and cater their shifting demands.
Finance Adviser Salehuddin Ahmed has vowed to mete out exemplary punishment to big loan defaulters as the interim government scrambles to fix the ailing banking sector of Bangladesh.
Punish wilful defaulters before banks’ health further deteriorates
National Bank’s plight is the result of poor banking governance
It is necessary to get an appropriate estimate of NPLs so that the actual performance of the banking sector can be understood.
So much for restoring good governance and holding bank ‘looters’ accountable
Approval of draft Bank Company Act gives hope but enforcement is key