Home ›› Economy ›› Banking

Comprehensive framework key to reducing NPLs: CPD

Staff Correspondent
23 May 2024 12:15:08 | Update: 23 May 2024 15:32:29
Comprehensive framework key to reducing NPLs: CPD

The Centre for Policy Dialogue (CPD) pointed out that there has been an erosion of public trust in the banking sector due to the continuous deterioration of this industry’s health and inadequate measures taken by the policymakers.

At a dialogue programme titled, “What lies ahead for the banking sector in Bangladesh?” held in a city hotel on Thursday, the local think tank recommended bringing down non-performing loans (NPLs) through a comprehensive framework.

It added that adequate preparation and transparency are necessary for conducting mergers, as they are a lengthy and difficult process.

×