FINTech, asset liability stressed to offset COVID-19 downturn

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Business Desk :
Speakers at a webinar said supply chain management of readymade garments, banking and NGOs sectors were disrupted due to the COVID-19 pandemic but situation has been changed gradually for aggressive venture accompanied by digitalization, use of FINTech and artificial intelligence.
They also laid emphasis on cautious asset-liability management and repayment of borrowers to bank or NGO loans in due time to keep the economy on the right direction.
The webinar titled “Supply Chain management and logistic Support in Commercial banking service/NGOs in Bangladesh: An Analysis” organized by Dhaka School of Economics (DScE), said a press release.
Modhumoti Bank Managing Director and Chief Executive Officer Md. Shafiul Azam said bankers are trying to boost the RMG sector and gradually dependence on ICT sector has been raised. He also stressed on the necessity of proper asset-liability management.
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