Bangladesh Bank Governor Atiur Rahman yesterday advised the newly approved banks to avoid “aggressive” banking, reports BSS.
“The banks should not do hurry in appointing manpower, opening new branches, collecting deposit, distributing loan and carrying out other activities for good business ... hurriedness would push them (banks) into difficulties, which would be hard to overcome,” he added. The governor made the advice during separate meetings with the nine banks that got approval.
Atiur told them (banks) to concentrate on doing good business instead of only putting emphasis on extending coverage.
BB Deputy Governor SK Sur Chowdhury, executive directors SM Moniruzzaman, Nawshad Ali Chowdhury and Saiful Islam and managing directors of concerned banks were present at the meetings.