Commercial banks are looking to lending to newer ventures under a fresh reform recipe of Bangladesh Bank, offering middle- and lower-income groups broader access to funds for carrying out productive activities.
The next round of reforms, being kicked off in the New Year to build on the “successes” of earlier ones, would target identifying new areas of investment and expanding the usage of information communication technology (ICT).
“The prudential regulations relating to enhancing banks’ capital base and discipline will also be strengthened,” Bangladesh Bank deputy governor Nazrul Huda told reporters following a meeting with bankers.
“The new plan of reforms will be taken forward along with the existing ones that yielded a success,” he said, unveiling the fresh reform recipe examined in the central bank’s meeting with the commercial banks.
