Economic Reporter :
Bangladesh Bank Governor Dr. Atiur Rahman on Saturday called upon the financial institutions (FIs) for investing on long-term finance with a view to attaining a sustainable economy.
The governor also underscored the need for increasing long-term saving instruments of banks to encourage general investors.
“Banks have to come forward to invest on long-term projects along with short-term investment,” he said while addressing an inaugural ceremony of an international seminar on “Banking in Bangladesh : The Leap Forward” at a city hotel.
Association of Bankers Bangladesh (ABB) organized the day-long seminar with its Chairman Ali Reza Iftekhar in the chair.
The return of the long-term investment is not a prompt procedure like the short-term investment, so the private commercial banks have to increase their saving instrument.
The introduction of pension saving scheme for the local people and remittance saving scheme for the foreigners is important. The central bank is working with the government in this regard.
The central bank has already formed a fund of $500 million for encouraging long-term investment.
Prashant Ranjit, Regional Head of Asset Liability Management of Standard Chartered Bank, South Asia, presented a keynote paper on ‘Asset Liability Management’.
Mehdi Zaman, Head of Treasury of Eastern Bank Limited, Abrar A Anwar, Country CEO of Standard Chartered Bank, Bangladesh; and M Shah Alam Sarwar, Managing Director of IFIC Bank, spoke as panel discussants on the topic.
Abizer Diwanji, Partner and National Leader – Financial Services, Ernst and Young LLP, presented another keynote paper on the ‘Role of Technology’ which was discussed by the panel discussants Habibullah N karim, CEO, Technohaven; Mostafizur Rahman Sohel, Joint Secretary General, BASIS; and Abul Kashem Md Shirin, DMD of Dutch-Bangla Bank.
These two sessions were moderated by Muhammad A (Rumee) Ali, CEO, Bangladesh International Arbitration Centre (BIAC) and K Mahmood Satter, Chairman of RSA Advisory respectively.
Also, Josua James, Regional Head of Business Continuity Management, Standard Chartered Bank, spoke on ‘Disaster Management’.
Managing Directors of the different financial institutions took part in the day-long seminar. It was also attended by the local and foreign bankers, financial professionals, academicians and media people.
Bangladesh Bank Governor Dr. Atiur Rahman on Saturday called upon the financial institutions (FIs) for investing on long-term finance with a view to attaining a sustainable economy.
The governor also underscored the need for increasing long-term saving instruments of banks to encourage general investors.
“Banks have to come forward to invest on long-term projects along with short-term investment,” he said while addressing an inaugural ceremony of an international seminar on “Banking in Bangladesh : The Leap Forward” at a city hotel.
Association of Bankers Bangladesh (ABB) organized the day-long seminar with its Chairman Ali Reza Iftekhar in the chair.
The return of the long-term investment is not a prompt procedure like the short-term investment, so the private commercial banks have to increase their saving instrument.
The introduction of pension saving scheme for the local people and remittance saving scheme for the foreigners is important. The central bank is working with the government in this regard.
The central bank has already formed a fund of $500 million for encouraging long-term investment.
Prashant Ranjit, Regional Head of Asset Liability Management of Standard Chartered Bank, South Asia, presented a keynote paper on ‘Asset Liability Management’.
Mehdi Zaman, Head of Treasury of Eastern Bank Limited, Abrar A Anwar, Country CEO of Standard Chartered Bank, Bangladesh; and M Shah Alam Sarwar, Managing Director of IFIC Bank, spoke as panel discussants on the topic.
Abizer Diwanji, Partner and National Leader – Financial Services, Ernst and Young LLP, presented another keynote paper on the ‘Role of Technology’ which was discussed by the panel discussants Habibullah N karim, CEO, Technohaven; Mostafizur Rahman Sohel, Joint Secretary General, BASIS; and Abul Kashem Md Shirin, DMD of Dutch-Bangla Bank.
These two sessions were moderated by Muhammad A (Rumee) Ali, CEO, Bangladesh International Arbitration Centre (BIAC) and K Mahmood Satter, Chairman of RSA Advisory respectively.
Also, Josua James, Regional Head of Business Continuity Management, Standard Chartered Bank, spoke on ‘Disaster Management’.
Managing Directors of the different financial institutions took part in the day-long seminar. It was also attended by the local and foreign bankers, financial professionals, academicians and media people.
