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POST TIME: 24 April, 2019 00:00 00 AM
Trend of giving loans to one customer by banks increases: BIBM
BSS, Dhaka

Trend of giving loans to one 
customer by banks increases: BIBM

The trend of allocating loans by different banks to a single customer increased by about 4 per cent in 2018 compared to the previous year (2017), according to a research of Bangladesh Institute of Bank Management (BIBM).

The research report was presented yesterday at a workshop titled ‘Credit Operation of Banks’ at BIBM auditorium in the capital, said a press release.

Bangladesh Bank (BB) Executive Director and BIBM Director General M Abdur Rahim inaugurated the workshop while BIBM Chair Professor and former Professor of Dhaka University Economics Department Dr Barkat-e-Khuda presided over the workshop.

BIBM Professor and Director (Administration and Accounts and Research, Development and Suggestion) Dr Prasanta Kumar Banerjee presented the research report.

Through the video conference, officials of the BB Chattogram office also took part in the workshop.

Abdur Rahim suggested the Banks to be cautious while giving loans to the customers.

Barkat-e-Khuda said the people of the village are getting low amount of debt. So, the policymakers have to think about the issue and find out a way to bring everyone under the banking services, he added.