Some banks have little chances to survive: Governor 

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur has said, “We are trying to keep the banks alive through good governance. But we may not be able to do it all. We cannot say that all banks will survive. The chances of survival of some banks are very little. Because 87 percent of the deposits of some banks have been given to a family.”

He said this while speaking virtually as the special guest at a session titled ‘Macroeconomic Policy and Governance in the Banking Sector’ of a conference at the BRAC Centre Inn Auditorium in the city on Tuesday.

Centre for Policy Dialogue (CPD) organised the two-day conference on ‘Recommendations by the Task Force on Re-Strategizing the Economy”.

Chairman of the National Bank and former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Abdul Awal Mintoo attended the session as the guest of honour while Director (Research) of the Chief Economist's Unit of Bangladesh Bank Dr Md. Salim Al Mamun, Managing Director and CEO of the Mutual Trust Bank Limited Syed Mahbubur Rahman, Chairman of the Global Islami Bank PLC Mohammed Nurul Amin, Professor and Former Chairman Department of Banking and Insurance University of Dhaka Dr Md Moin Uddin and Director General of the Bangladesh Academy for Securities Markets (BASM) Dr Toufic Ahmad Choudhury were present as distinguished discussants.

Executive Director of the CPD and Member of the Task Force on Re-Strategising the Economy Dr. Fahmida Khatun and Member of the Task Force on Re-Strategising the Economy Dr Monzur Hossain delivered the keynote presentations.