Tradable savings certificate on bond market

The liquidity crisis in banks stemming mainly from non-performing loans (NPLs) has long stoked the compulsion of exploring alternative sources of sustainable fund. Since foreign investment is hard to come by, the search for such alternative sources has become even more compelling. Now the Bangladesh Bank (BB) and business circle...

Read more

When laws fail to protect children

That the corporal punishment of children is banned is nothing new. But the fact is there are few schools or madrasahs countrywide that are following this rule. The issue has once again come into focus and triggered public outrage after two recent incidents of violence against children surfaced on social...

Read more

ECL exposes fragility of banking in Bangladesh

Expected Credit Loss (ECL) is the most modern credit risk measurement and provisioning framework in banking. It follows a forward-looking approach to estimate potential future credit losses. Bangladesh is now on a path to adopt ECL by 2027 under IFRS 9, and banks are being gradually habituated to this new...

Read more

Stop re-admission fee at schools

Every year, a silent yet ruthless festival takes place in Bangladesh's education sector, it's re-admission. This celebration is not for students, but for institutional accountants. Admission means money, and re-admission means even more money. It is no longer a continuation of education; it is a renewal of business.When a student...

Read more