Finance adviser asks BAB to lend loans after proper scrutiny

Finance and Commerce Adviser Dr Salehuddin Ahmed today (3 October) asked the bank owners and managements to ensure lending of loans through proper scrutiny under the current circumstances.

"I've requested them (BAB leaders) to lend loans after proper scrutiny under the current circumstances so that there is no deviation like in the past," he said while talking to reporters after a delegation of the Bangladesh Association of Banks (BAB), led by its newly elected chairman Abdul Hai Sarkar met him at at the Secretariat.

Dr Salehuddin said he also suggested the bank owners to ensure providing inclusive loans like to the CMSMEs since those usually do not get loans from the banks seamlessly.

"Please, ensure good governance as well as transparency and accountability in your operations," he told the BAB leaders.

The adviser said the BAB leaders representing the chairmen of mainly private commercial banks discussed with him about the possibilities and problems surrounding the banking sector as well as about the possible steps for reforms initiative.

Dr Salehuddin said they have raised some specific problems with loans and liquidity situation adding, "We've assured them that we'll talk with the Bangladesh Bank in this regard."

He said the BAB leaders also demanded of the government that their opinions are reflected in the banking sector reforms initiative.

"We have assured them [BAB leaders] that we will do that in consultation with them," added the adviser.