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H2 of 2023

FCBs' female workforce highest at 24.18pc

Reveals central bank's Gender Equality Report


SAJIBUR RAHMAN | March 05, 2024 00:00:00


The numbers of female officers and employees at the foreign commercial banks remained higher than in the country's other types of banks in the July-December period of 2023.

The female workforce in the foreign commercial banks (FCBs) stood highest at 24.18 per cent in July-December last year, according to Gender Equality Report of Banks and Financial Institutions released by the Bangladesh Bank (BB).

The breakup of female officers and employees across different types of banks is as follows: 16.31 per cent in state-owned commercial banks, 14.66 per cent in specialised commercial banks, 16.32 per cent in private commercial banks, and 24.18 per cent in foreign commercial banks.

The count of women officers/employees in banks rose by 732 individuals, marking a 2.20 per cent increase from 32,567 in the January-June period of 2023 to 33,346 in the July-December period of the year.

The total number of female and male officers/employees working in 61 scheduled banks is 33,346 and the rate of female officers/employees stands at 16.37 per cent.

The participation rate of women officers/employees as board members in banks and financial institutions is 13.51 per cent and 17.51 per cent respectively.

According to the BB report, female individuals as board members do not participate in specialised commercial banks.

Female employees at the non-bank financial institutions (NBFIs) declined by 5.88 per cent during the same period, the BB report showed.

The number of female officers and employees at the NBFIs remained at 1040 in the January-June period of 2023 whereas it was 1105 in the July-December period last year, according to the central bank.

The job turnover rate for female officers at the NBFIs was 35.13 per cent during the period, shows the BB data.

The proportion of female officers and employees in banks and financial institutions tends to be higher at the entry and mid-level positions compared to the top executive levels.

The BB prepared the report after collecting data from 61 scheduled banks and 35 financial institutions.

In the country, there are six state-owned commercial banks, three specialised commercial banks, 43 private commercial banks, and nine foreign commercial banks.

The central bank is monitoring banks and financial institutions' six-month activities on gender issues with emphasis on gender equality and women's empowerment.

The index continues to be monitored and the banks and financial institutions are required to take necessary action in this regard, it added.

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