A Report on Banking Sector of Bangladesh – Mansur Ahamed (Ph. D), Research Department, JBBC Corporation.
The report attempted to highlight the prospects and opportunities of banking sector in Bangladesh. Like other economic sector in the country, banking is one of major sectors which contribute to the nation economy. The report tried to furnish the overview of the performances of banking sector and also find out the comparison among the various categories of banks with respect to the profitability. Finally, the report tried to establish the linear relationship among the various variables and net profit of the banking sector.
A Report on Banking Sector of Bangladesh
The banking sector of Bangladesh comprises of four categories of scheduled banks. These are Nationalized Commercial Banks (NCBs), Government owned Development Finance Institutions (DFIs), Private Commercial Banks (PCBs) and Foreign Commercial Banks (FCBs). The number of banks remained unchanged at 55 in 2013. These banks had a total number of 6562 branches (Bangladesh Bank, 2013).
Access to banking services for the population has improved during the last three decades. While population per branch was 57,700 in 1972, it was 19,800 in 1991. In 2001 it again rose to 21,300, due to winding up of a number of branches and growth in population. Compared to India’s 15,000 persons per branch in 2000, Bangladesh is not far behind in this regard. This indicates that access to the banking system in the country is not a significant problem (BBS, 2003).
See the Details of the Report: A report on Banking Sector of Bangladesh