Strengthening banking sector for post-COVID recovery
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Dhaka, Nov. 20 -- The banking sector in Bangladesh has been diligently navigating the unprecedented COVID-19 crisis since the beginning. Initially, the sector has successfully met the cash flow challenges in the economy during the general holiday (shutdown) period with some regulatory relaxations in policy rates i.e., CRR, ADR & repo. Now the sector has been entrusted with the prime responsibility of implementing most of the stimulus packages declared by the government. This is not the end here. In a Post COVID world, a strong banking sector will also be needed for a strong recovery. To prepare for this, banks now should respond to the changing customer demands in the new normal, while fostering efficiency and creating resilience in the c...
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