Chorus in the 'No-Six' bank of interest rates

in #news6 years ago

The country's bank sector has created chaos in the interest rate of loans and deposits. This direction is the opposite of the current market situation. Specifically, no interest rate will be defined in which sector. As a result the uncertainty has been created.

Private bank officials said these things at the conference organized by Institute of Chartered Accountants of Bangladesh (ICAB), an organization of certified accountant organizations on financial sector. The meeting was held on Saturday afternoon at CA Bhaban in the city's Karwan Bazar. Chief Fellow of the Center for Policy Dialogue (CPD) Special Fellow, Mostafizur Rahman, was the chief guest in this.

In view of various discussions about the bank sector, Mostafizur Rahman said, the bank is a blood bank of the economy. Bangladesh's economy is more bankable than other countries. Therefore, any good leadership will look at the problems of the bank sector. He said that it is necessary to set up a banking commission by binding the time and duties. Otherwise, no one has to bear his liability. During this time, he referred to the issue of providing public taxation to the bank's capital shortage, saying that the country can not be run through privatization of profits, loss of nationality and nationalization.

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