Country’s banking industry is contributing at least 67 percent of cooperation to the economic growth through developing entrepreneurship, industrialization and also by creating employment opportunities, said experts at a meet the press on Thursday.
They said that inclusive banking strategy has been playing a significant role in involving the unbanked people in the banking coverage while inward remittance through banking channel is also acting to change the picture of rural Bangladesh.
Premier Bank Limited, a 3rd generation private sector commercial bank organised the meet the press marking its 20th founding anniversary at the head office, Iqbal Center, Banani Dhaka.
Freedom Fighter Dr. H.B.M. Iqbal, Chairman, Board of Directors of The Premier Bank Limited attended the ceremony as chief guest along with Advisor of the bank Muhammed Ali, Managing Director & CEO M. Reazul Karim (FCMA) and Director of the Board Mr. Jamal G Ahmed as special guests.
Dr. Iqbal claimed that his bank has been advancing faster with the skilled and efficient effort of 1712 senior level officials and able guidance by the board.
Replying to a query he said, “The country has now more than 50 banks, at least 67 percent of development support comes from the banking sector so there may have some mistakes, wrong decisions and mishaps, this is very natural but one should not be blamed or treated as corrupt because of someone else’s wrongdoings”, Iqbal added. He said his bank has been turning mature from it’ teenage level as it is stepping into the 20th year of journey.
“We want to say thank you to the customers who started with us and those who were loyal to us throughout all the progress across the years. You are all a very important part of our growth – we would not be where we are today without you”, he said.
Advisor of the bank Muhammed Ali highlighted the strategic changes in the modalities of business and the process of connecting the people with the bank for greater financial inclusion vis a vis insight of bank’s contribution to the national economy.
He also focused on the bank’s contribution to the SME sector and how they are helping entrepreneurs achieve their dreams.
Expressing hope that if the bankers can turn the savings, existing in scattered way, into deposits then it will be helpful for the economy.
Mr Ali said bankers are working day and night for economic development and now all the economic indicators of the country are in the positive direction.
Managing Director & CEO M. Reazul Karim, (FCMA) thanked the Bank’s past and present employees for their dedication, innovation and hard work.