Travel  |  Business World  |  Women's World  |  Entertainment

Change Your Life!

Committee on Finance review situation in banks

News
Sports
Chat
Travel
Dhaka Today
Yellow Pages
Higher Education
Ask a Doctor
Weather
Currency Rate
Horoscope
E-Cards
B2K Poll
Comment on the Site
B2K Club

December 12, 2000 

Dhaka-- (UNB)- The Parliamentary Standing Committee on Finance yesterday reviewed prevailing situation in the country’s commercial and specialized banks, particularly their liquidity position, credits and default loans.

In a meeting the committee members held an elaborate discussion on the banks’ capital, provision, manpower, deposit, advance, loan recovery, default loan and collection of the dud loans.

Managing Directors of Bangladesh Krishi Bank, Rajshahi Krishi Unnayan Bank, Bangladesh Shilpa Bank, Bangladesh Shilpa Rin Sangstha, Investment Corporation of Bangladesh, Bangladesh House Building Finance Corporation, BASIC Bank, Ansar VDP Bank and Employment Bank apprised the lawmakers of the overall situation of their institutions.

“These specialized banks are playing important role in poverty alleviation providing small credits,” the meeting was told.

The parliamentary watchdog on the Finance Ministry suggested the banks not to fund anew those industries which are non-profitable or over-saturated.

Presided over by committee chairman Prof. Ali Ashraf, the meeting was attended by members AHM Mustafa Kamal and MK Anwar.

Finance secretary Dr Akbar Ali Khan and concerned high officials were present in the meeting.

Send This News to a Friend