Dhaka, March 23 -- A noted economist has proposed the establishment of 'super banks' instead of bank mergers and acquisitions, arguing that acquiring weak banks by stronger ones is detrimental to the banking industry.

Dr. Zia Hasan, an economist and project researcher under the education and research ministry of the German federal government, came up with the proposal at a webinar, organised by the Forum for Bangladesh Studies on Saturday.

Centre for Policy Dialogue's (CPD) Executive Director Dr. Fahmida Khatun, economist and international affairs director of Sydney Policy Analysis Centre in Australia Jyoti Rahman, and head of Southeast Asia at the Global Labour Organisation Dr. Niaz Asadullah, spoke at the event. Journalist Monir Haida...