sign POLITICS & POLICIES METRO/NEWS VIEWS & OPINIONS TRADE & trade EDITORIAL LETTER TO EDITOR VOL 20 NO 318 REGD NO DA 1589 | Dhaka, Thursday April 19 2012 FE Inside Home basic page Last page Politics & policies underpass/news Views & opinions Trade & market Editorial Letter to editor program Country Sports World personal credit line & somatic Views & analysis Detailed DSE Trading FE Archive [Date selector] GO Daily Sun News Today Sheersha News VIEWS & OPINIONS Problems and prospects of banking constancy in Bangladesh Ibsan Islam Edi and Ibnat Islam Etu The central bank has finally approve gild more banks in addition to existing 47 alter banks in Bangladesh. Three new NRB commercial banks, sponsored by non-resident Bangladeshis (NRBs), and sextuplet private commercial banks (PCBs), have been sanctioned aiming to help raise the inflow of foreign exchange and strengthen the ongoing pecuniary inclusion programmes through bringing unbanked masses under the banking net respectively.
The letters of intent (LoIs) `have already been issued to the sponsors of such approved banks. There have been many significant developments in the economy of Bangladesh since 2000-2001, the central bank stated, explaining the economic context and proportionalitynale seat issuing licences in favour of new banks. The economy has well-favoured and the banking system has become more competitive bu t on that point are still a large calculat! e of under-banked people in Bangladesh. Recent estimates from a survey conducted by the play of Microfinance (IoF) found that only 45 per cent of the intimately 9000 households surveyed do have access to banks and micro-finance institutions (MFIs) for imparts. The population per branch (21065) and the ratio of loan accounts per 1000 adults (42yrs) suggest that the outreach of the formal financial sphere of influence in Bangladesh is lower than that in India (14485 and...If you want to get a enough essay, order it on our website: OrderCustomPaper.com
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