ZCZC
BSS-13
MUHITH-CAPITAL-EXPORT
Muhith for giving opportunity for ‘capital export’
DHAKA, Nov 18, 2018 (BSS) – Finance Minister AMA Muhith today underscored
the need for giving opportunity to the business community for ‘capital
export’ as the country’s economy has been widening gradually.
“I did not give much opportunity to them (businessmen) for capital export.
But, in the future, I think that it would be an important issue as the
country’s economy has broaden a lot,” he said while addressing the
inauguration session of a five-day training course arranged for directors of
the state-owned banks at Bangladesh Institute of Capital Market (BICM) here.
State Minister for Finance and Planning MA Mannan and Bangladesh Bank
governor Fazle Kabir were, among others, present on the occasion with
Financial Institutions Division secretary M Ashadul Islam in the chair.
Speaking as the chief guest, Muhith said once banking sector was public in
the country, but now the situation is changed as most of the banks are now be
running under private sector.
“Once Sonali Bank was the biggest bank in the country…a rapid change came
in the banking sector in the last few years,” he said.
About the default loan, Muhith said the biggest criticism of the banking
sector is the default loan.
To take the default loan at a tolerable level, he said, bankers should
invest in profitable sectors. “If any investment becomes unprofitable,
bankers should stop investment,” Muhith said.
BSS/KUC/MRI/1708 hrs