Future CEOs should combine financial prudence with tech and data
The tax administrator wants to check whether they have been paying their taxes properly
Experts and businesspeople yesterday urged the newly formed interim government to adopt urgent measures to ensure good governance in the banking sector, saying that the crisis in financial institutions is much deeper than anyone could imagine.
Economists today expressed deep concerns over the current situation in the banking sector of Bangladesh and warned that the recovery from the current economic crisis would not be possible without addressing the sector’s vulnerability.
The volume of currency outside the banking sector of Bangladesh has been increasing since November amid higher inflation and the erosion of confidence among people in some banks
Risk management is concerned with reducing earnings volatility and avoiding losses, especially large ones.
Bangladesh Bank’s banking sector reform roadmap of last week will come to no use if the implementation failures of previous roadmaps cannot be understood, said eminent economist Wahiduddin Mahmud yesterday.
Bangladesh Bank's banking reform roadmap is nothing new, but failures to implement it has distressed the sector, said eminent economist Wahiduddin Mahmud
The banking sector’s lending growth squeezed in the April to June quarter owing to a shortage of liquidity at most banks and their unwillingness to extend credits to borrowers already struggling to pay back, official figures showed.
Bangladesh Bank’s banking sector reform roadmap of last week will come to no use if the implementation failures of previous roadmaps cannot be understood, said eminent economist Wahiduddin Mahmud yesterday.
Bangladesh Bank's banking reform roadmap is nothing new, but failures to implement it has distressed the sector, said eminent economist Wahiduddin Mahmud
The banking sector’s lending growth squeezed in the April to June quarter owing to a shortage of liquidity at most banks and their unwillingness to extend credits to borrowers already struggling to pay back, official figures showed.
People are increasingly opting for keeping cash, which is a major concern in this era of digital banking as it indicates a lack of trust in banks, said Bangladesh Bank Governor Abdur Rouf Talukder yesterday.
For the first time, the central bank has published full-fledged data on stressed assets of banks, laying bare the sector’s deep ills that have been a subject in the public discourse for long as irregularities and scams often make headlines.
“Is Bangladesh a place of looters?” – this question was raised by the High Court last month.
CPI 2022 shows how corruption, conflict and insecurity are interrelated and feed each other.
The core problems of our economy are rooted in the very nature of the country’s governance, which has long been neglected.
On edge -- is what best describes the sensation surrounding the banking sector. But the Bangladesh Bank higher-ups were warned as early as October 2021 that such a situation might transpire. Yet, no definitive action was taken then.
Misgovernance, corruption, nepotism and subsequent bad debts keep plaguing our banking landscape.
