Freeing banking sector from the trap of NPLs
The amount of non-performing loans (NPLs) was at an all-time high in August 2017. "There is a tendency in our entire banking sector not to disburse loans as per schedule, and as such the clients are being forced to become defaulters", observed none other than Finance Minister AMA Muhith himself...
Read more
Handling disasters effectively
In a country like Bangladesh, disasters-man-made and natural-take place frequently. Such disasters can only be efficiently handled once there is a well-thought-out plan is put in place. For example, a fire accident can easily be managed through a proper and continuous 'Incident Action Plan' executed by an 'Incident Commander' (IC).Such...
Read more
Global economy 2018: Friendly speed, unfriendly risks
So, the warning bells are ringing! The Bank for International Settlements (BIS) - known as the central bankers' bank - assessed that the situation in the global economy was similar to the pre-2008 crash era when investors, seeking high returns, borrowed heavily to invest in risky assets, despite moves by...
Read more