JOURNAL OF THE INSTITUTE OF BANKERS BANGLADESH-Vol 43, June 1996

Published Online: June 18th, 2025 || Published in Print: June 1st, 1996

Abstract

The present issue of the half yearly journal of the Institute of Bankers, Bangladesh provides with a number of articles on the contemporary issues and problems in the banking and financial sector such as Capital Market in Bangladesh, GATT Accord and Bangladesh: A Brief Review, Empirical Studies on the Extent of Disclosure and Variables Associated with Different Disclosure Levels: A Review of Literature, Developing Human Resources Through Training inside Nationalized Commercial Banks - A Bangladesh Perspective, Problems of Implementation of Lending Risk Analysis (LRA) and Financial Statements Analysis for Bank Lending Some Issues and Considerations. These articles discussed not only the problems faced by the sector but also tried to suggest probable solutions to those. It won't be over emphasized to note that a sound and efficient banking sector can do lot toward the growth of the economy of a country. Now-a-days a sound and efficient financial system is an essential mechanism for saving-investment process and thus economic growth process of a country. An unsound financial system can not contribute any thing toward economic growth, rather retards the saving-investment process of the country. This particular view has been clearly reflected in the debate of the honourable members of the present parliament in its current budget session. Their speeches categorically highlighted the effects of loan default culture in the banking sector on the total saving- investment pattern of the country. In the backdrop of this present scenario in the banking sector, a reform program has been started to restructure the financial sector of the country in recent years. Bangladesh Bank adopted a wide ranging reform measures for the financial sector. These measures include allowing the financial institutions to fix up financial product prices according to market forces, raising the loan classification and provisioning level of the financial institutions to international standard in phases, improving the capital positions of the NCBS and PCBs and fixing it at international standard level, delegating greater autonomy or self-regulation by banks specially in terms of selecting their loan portfolio, strengthening Bangladesh Bank's role of supervision etc. Moreover, the present government's strong and sincere initiative to restructure the financial sector to bring back full financial discipline in the country will yield positive results in near future and will help prepare it to face the challenges of the 21st century. This particular academic pursuit of the Institute will help the educationists, researchers and particularly the bankers in visualising the problems of this particular sector and their definite impacts on the development process. This realisation will in turn help the policymakers and administrators to take timely and necessary measures to overcome and correct them.