ADB delegation discusses banking sector reforms, financial stability with BB governor
Yingming Yang expresses ADB’s interest in continuing support throughout reform process.
A delegation from the Asian Development Bank, led by Vice President for South, Central and West Asia Yingming Yang, discussed banking sector reforms and financial stability with Bangladesh Bank Governor Md Mostaqur Rahman today (13 August).
The delegation held what the Bangladesh Bank described as positive and constructive discussions with the governor on reforms, restructuring and recapitalisation of the country's banking sector, as well as strengthening financial sector stability and institutional capacity.
The meeting also covered potential ADB support for these areas.
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The Bangladesh Bank governor highlighted the central bank's firm commitment to implementing necessary reforms in the banking and broader financial sectors.
Welcoming the central bank's commitment to the reform agenda, Yingming Yang expressed the ADB's interest in continuing its assistance and support throughout the reform process.
Both sides reaffirmed their commitment to strengthening cooperation to build a more robust, stable and sustainable financial sector in Bangladesh.
Bangladesh Bank Deputy Governors Md Habibur Rahman and Dr Md Kabir Ahmed, along with senior officials from the Financial Sector Support and Strategic Planning Department and other relevant departments, attended the meeting.
