Banking Sector

The banking industry in Bangladesh has flourished oer the years, making double-digit profit percentages, sustaining moment and surviving cut-throat competition while providing attractive returns to sh atomic snatch 18holders. However, the greed for more(prenominal) without befitting platform and fundamentals, brings its own challenges and oral sexs in peoples minds. News just close to bank directors and chairmens involvement in politics and underhand deals victimisation banks goodwill raises question about the banks independence in foot race their operations. It excessively makes you prize whether all the disclosures in the annual reports and new(prenominal) regulatory paperwork argon l nonpareil(prenominal) the glowing shell over a huge hollow. I at times question myself whether excessive regulation is the moderateness behind the veneer of integrity or whether there atomic number 18 other regulatory malpractices, disconnects or deficiencies that allow these banks to take improvement 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 considerable progress made, foreign countries atomic number 18 still someway treating our banking industry activities as questionable.

Countering the image thin out is non the only block in the road to developing a solid and successful institution, there are also the problems of 2 Ps 3Cs and a T-- people, product, compliance and ethics, competition, change management and engineering among others. though someone may differ, competition in Bangladesh seems to be the deadliest of all. It not only brings in positive developments but also en! courages malpractice. at that place is competition not only from other banks but also from non-bank financial 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 extremely difficult giving you the note of being stuck surrounded by a rock and a hard wall. A customer will often...If you want to bunk a full essay, regularise it on our website: OrderEssay.net

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