Financial Sector in Bangladesh Recent Trends and Benchmarking for the Government
Habib, Shah Md. Ahsan | September 2019
Abstract
Financial sector of Bangladesh is a bank-based system that has been facing a number of challenges alongside operational expansions. In spite of some notable development, performances of certain section of banks have not been praiseworthy in terms of efficiency and soundness parameters. In view of the situation, the financial sector needs directions and appropriate measures to offer due support to attain sustainable growth targets of the country. This secondary data-based study has attempted to analyse the underlying issues related to operations and performances of the banking and financial industry to put forward some necessary regulatory and policy initiatives. For consolidation of the industry, the study recommended for: addressing willful default; revitalising internal control and compliance; ensuring uniform regulatory environment; working for product diversification and exit strategy; addressing financial crime and money laundering; promoting cluster development and financing; endorsing technology-driven and inclusive banking; supporting development of capital, bond and insurance market; and above all, improving corporate governance and leadership.
Citation
Habib, Shah Md. Ahsan. 2019. Financial Sector in Bangladesh Recent Trends and Benchmarking for the Government. © Centre for Policy Dialogue. http://hdl.handle.net/11540/11305.ISSN
2225-8175 (Online)
2225-8035 (Print)
Keywords
Economic Crisis
Economic Efficiency
Economic Policies
Financial Stability
Financial Management System
Financial Restructuring
Capital Market Development
Market Development
Economics
Erosion
International Economics
Macroeconomic
Macroeconomic Analysis
Performance Evaluation
Impact Evaluation
Foreign and Domestic Financing
Foreign Direct Investment
Economies in transition
Economic agreements
Social condition
Economic dependence
Economic assistance
Crisis
Taxation
Public Accounting
National Budget
Municipal Bonds
Local Government
Local Taxes
International Monetary Relations
International Financial Market
Multilateral Financial Institutions
Economic Recession
Market
Crisis
Economic indicators
Growth models
Gross domestic product
Macroeconomics
Economic forecast
Business Financing
Investment Requirements
Corruption
Money laundering
Digital currency
Financial crisis
Labor economics
Regional economics
Business recessions
Multilateral development banks
Regulatory reform
Capital
Exports
Economic development projects
Economic policy
Economic forecasting
Investment Requirements
Banks
International banks and banking
Capital movements
Central banks and banking
Bills of exchange
Swaps
Banks and banking
Financial crisis
Credit control
Credit allocation
Capital market
International liquidity
Liquidity
Exchange rate
Use tax
Taxing power
State of taxation
Tax-sales
Tax revenue estimating
Tax planning
Spendings tax
Special assessments
Tax administration and procedure
Sales tax
Real property and taxation
Progressive taxation
Effect of taxation on land use
Effect of taxation on labor supply
Intergovernmental tax relations
Inheritance and transfer tax
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