Privatizing
nationalized commercial banks the government should appoint a financial advisor
with comprehensive terms of reference for selling the first bank. Develop a
strategy for dealing with the privatization program for state enterprises.
Commence introduce pre privatization bank restructuring if necessary with the
of completing the first privatization with six to nine months. Required audits
to trace suspected insider loans. Initiate a study of financial statements to
bring them in line with international standards of financial statements to
bring them in line with international standards of accounting and financial disclosure.
Bangladesh banks regulatory functions would be easier to manage with
computerization and real time data communication links with the commercial
banks it regulates greater automation of the clearing house would be the next
priority to improve check clearing services a boon to both consumers and the payment
system. Professionalizing the banking business will generate large long term
payoffs in the form of a more efficient banking system apart from functional
and technology related training required at Bangladesh band and the commercial
bands consideration should be given to starting a master of bank management
program at bibm. The government should take steps to increase the ability of
capital markets to efficiently provide long term funds through debt and equity
financing. Thus the reforms should include strengthening prudential regulation
in the stock market makers. Creating the enabling environment to foster the market
for corporate bonds and commercial paper for secularization of assets and for
venture capital. Strengthening the securities and exchange commission . Improving the efficiency and trans Arden of
trading on the stock exchange.
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