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Operational set up blamed for slow progress in paperless banking


Published : 10 Oct 2019 09:22 PM | Updated : 31 Aug 2020 07:35 AM

Speakers at a workshop on Thursday expressed fear that the country's banking industry may not go complete paperless banking in near future in the existing regulatory, operational and social set up.

Referring to a study they said the banks are even preserving the documents for more than the required time of the circulars that affect the total operating cost and ultimately the profitability of the banks. The observations were made in research workshop, organised by Bangladesh Institute of Bank Management (BIBM) at its auditorium, Mirpur in city.

Md. Nehal Ahmed, Professor of BIBM delivered welcome address. The program was inaugurated by Md. Nazimuddin, Executive Director, Bangladesh Bank and Director General of BIBM. Dr. Barkat-e-Khuda, Dr. Muzaffer Ahmed Chair Professor of BIBM & Former  Professor of Dhaka University Chaired the Program.  

The keynote paper titled “Digitalization of Documents in Banking Operation” was presented in the research workshop by Dr. Shah Md. Ahsan Habib, Professor & Director (Training) of BIBM on behalf of research the team. 

Md. Nehal Ahmed, Professor of BIBM; Md. Foysal Hasan, Lecturer of BIBM; Mohammad Anisur Rahman, Deputy General Manager of Bangladesh Bank; Syed Sazzad Haider Chowdhury, Head of Operations of Dhaka Bank Limited; A.T.M. Nesarul Hoque, Vice President of Mutual Trust Bank Limited are other members of the research team are.  The study discussed negative environmental impact of the extensive use of paper in Banking.

A good number of participants including senior bank executives, academicians, media representatives, faculty members of BIBM took part in the research workshop. Helal Ahmed Chowdhury, Supernumerary Professor of BIBM & former Managing Director of Pubali Bank Limited; Yasin Ali, Former Supernumerary Professor of BIBM;  Md. Mehmood Husain, Managing Director & CEO, NRB Bank Limited; Md. Monitur Rahman, Deputy Managing Director, IFIC Bank Limited spoke among others at the event.