The number of bank employees increased by nearly 4.0 per cent in 2023 from 2022, according to the latest Bangladesh Bank report.
The employees working in 61 commercial banks at the end of December 2023 stood at 203,696, which is 3.9 per cent higher than that of 2022 and 25,266 people more than 178,430 employees in 2019.
Of the total employees, 83.6 per cent is male and the rest female.
Six state-owned commercial banks have a total of 50,285 employees or nearly 25 per cent of total banking industry, data showed, while nearly 67 per cent of the employment belongs to the 43 private commercial banks. Nine foreign commercial banks employ 4,057 people.
Three specialised scheduled banks' employment was recorded at 13,039 at the end of December 2023.
The private commercial banks had employment growth of 3.84 per cent in 2023 over 2022 while state-owned commercial banks registered 2.3 per cent growth in 2023.
Bangladesh Bank has a special secretariat to hire people for 14 banks and financial institutions with the government having more than 50 per cent stakes.
The central bank conducts competitive examinations to select people under 23 categories for the state-owned banks and FIs.
A senior official at the Bankers Selection Committee of the BB said that on average 5,000 officers are usually recruited in the state-owned banks and FIs each year. It hires the positions of 10th and above grades.
Syed Mahbubur Rahman, managing director and CEO of Mutual Trust Bank PLC, told the FE that they hire people under the BB guideline while each bank has its recruitment policy.
"We hire merit-based management trainees through a rigorous process," he said, adding that the banks offer competitive remuneration to attract talented people.
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