FY 2010-20 credit growth in govt, pvt sectors was steady

Experts tell BIBM workshop

Published : 11 Oct 2021 08:30 PM | Updated : 12 Oct 2021 11:19 AM

Experts at a review workshop on Monday observed that the overall domestic credit consisting government and private sector credit increased steadily from FY 10 to FY20

The review workshop was organised by the Bangladesh Institute of Bank Management (BIBM) on through virtual platform.

Ahmed Jamal, Chairman of BIBM Executive Committee and Deputy Governor of Bangladesh Bank was present in the review workshop as the chief guest. 

Dr. Md. Akhtaruzzaman, Director General of BIBM chaired the session while Mohammed Sohail Mustafa CFA, Associate Professor & Director (Training & Certification Program) of BIBM delivered address of welcome. 

While addressing, Deputy Governor said that Overall domestic credit consisting Government and Private Sector credit increased steadily from FY 10 to FY20. 

"This growth is driven by increasing growth of Government Sector credit in FY20. Private Sector credit slowed down during 2020 reflecting impact of COVID-19 pandemic on the banking sector as a whole", he added.

A paper titled " Credit Operations of Banks " was presented in the workshop by Dr. Prashanta Kumar Banerjee, Professor (Selection Grade)  of BIBM. 

Other members of the research team are Mohammed Sohail Mustafa CFA, Associate Professor & Director (Training & Certification Program) of BIBM; Atul Chandra Pandit, Associate Professor of BIBM; Dr. Mosharref Hossain, Associate Professor of BIBM; Tahmina Rahman, Assistant Professor of BIBM and Md. Murshedul Kabir, Deputy Managing Director of Sonali Bank Limited.

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Dr. Barkat-e-Khuda, Dr.  Muzzafer Ahmed Chair Professor of BIBM & Former  Professor of Dhaka University; Ali Hossain Prodhania, Former Managing Director & CEO of Bangladesh Krishi Bank; Obayed Ullah Al Masud, Managing Director & CEO of  Rupali Bank Limited; Mosleh Uddin Ahmed, Managing Director & CEO of SBAC Bank Limited; Emranul Huq, Managing Director & CEO of Dhaka Bank Limited made comments as designated discussants.

Director General of BIBM said, findings of the study along with opinions and observations made in the workshop, will help BB to take future actions.

A good number of participants including senior bank executives, academicians, media representatives, faculty members of BIBM took part in the online review workshop.

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