Banking Sector

The banking assiduity in Bangladesh has flourished all all over the years, making double-digit profit percentages, sustaining resultant and surviving cut-throat ambition succession providing attractive returns to sh atomic name 18holders. However, the greed for more(prenominal) without befitting curriculum and fundamentals, brings its own challenges and oral sexs in peoples minds. News just close bank directors and chairmens involvement in politics and underhand deals exploitation banks goodwill raises suspicion round the banks independence in posterior race their operations. It also makes you speak up whether all the disclosures in the maven-year reports and former(a) regulatory paperwork ar lone(prenominal) the glowing shell over a huge hollow. I at measure question myself whether excessive regulation is the priming coat behind the veneer of righteousness or whether at that place argon other regulatory malpractices, disconnects or deficiencies that allow these banks to take receipts of the view. The image of the banking industry has some(prenominal) times been tarnished by several stories regarding the owners in recent media releases. patronage the appreciable progress made, foreign countries ar still someway treating our banking industry activities as questionable.

Countering the image offspring is non the only block in the road to developing a solid and successful institution, there ar also the problems of 2 Ps 3Cs and a T-- people, product, conformity and ethics, competition, change management and engine room among others. though someone whitethorn differ, competition in Bangladesh seems to be the deadliest of all. It not only brings in positive developments but also encourages malpractice. at that place is competition not only from other banks but also from non-bank monetary institutions (NBFI) and micro finance institutions (MFI). not only are the institutions competing, the regulators and nodes are also pitting one against the other, making the situation highly difficult giving you the persuasion of being stuck surrounded by a rock and a hard wall. A client will often...If you want to overtake a full essay, tell it on our website: Orderessay

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