BB governor says country’s economy on right track
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