BB gover­nor says coun­try’s econ­omy on right track

The Pak Banker - - Company& -

DHAKA: Bangladesh Bank (BB) Gover­nor Dr Atiur Rah­man has said the coun­try's econ­omy is on right track and pro­gress­ing the way it is ex­pected.

The gover­nor said this while speak­ing as the chief guest at a func­tion or­gan­ised by Bank Asia ti­tled 'Prom­ise to Build Technology-driven Coun­try: Set­ting up School­based Com­puter Learn­ing Cen­ters in Ru­ral Ar­eas' in the city Tues­day, re­ports UNB.

"The econ­omy has broad­ened and be­come in­clu­sive this year. Wide growth has been no­ticed in agri­cul­tural sec­tor through land­mark changes in the sec­tor. The banks surely take this credit," he said.

Recog­nis­ing the bank­ing sec­tor's con­tri­bu­tion in strength­en­ing econ­omy, Dr Atiur said the banks and fi­nan­cial in­sti­tu­tions have done well ex­cept wrong­do­ings by a few banks. "The cen­tral bank has taken firm stand against the wrong­do­ers."

The cen­tral bank gover­nor said though technology has sim­pli­fied bank­ing op­er­a­tions through in­tro­duc­ing dif­fer­ent ser­vices for clients in­clud­ing ATM bank­ing, on­line bank­ing, e-bank­ing, mo­bile bank­ing and net-bank­ing, risks have in­creased in bank­ing op­er­a­tions at the same time. "There is a huge risk of hack­ing and cy­ber crimes. Banks and fi­nan­cial in­sti­tu­tions will have to re­main alert to face the risk." Ap­pre­ci­at­ing the role of banks in cor­po­rate so­cial re­spon­si­bil­ity (CSR), he said the con­tri­bu­tion of the bank­ing sec­tor in CSR might cross 100 per cent in the cur­rent year. In 2009, CRS ac­tiv­i­ties in bank­ing sec­tor in­creased about 35 per cent com­pared to 2008. He said Bank Asia has the ca­pac­ity to en­hance its CSR ac­tiv­i­ties and urged its top ex­ec­u­tives to take an ini­tia­tive to reach lap­tops to the stu­dents. - PB News

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.