Atiur praises banks' role in economy

Posted by BankInfo on Wed, Dec 29 2010 05:03 am

Bangladesh Bank Governor Atiur Rahman Tuesday said the country's economy is on the right track and progressing the way it was expected.

“The economy has broadened and become inclusive this year. The agricultural sector has seen wide growth through landmark changes in it. The credit surely goes to the banks,” he added.

He was speaking as the chief guest at a function of Bank Asia titled “Promise to Build Technology-driven Country: Setting up School-based Computer Learning Centres in Rural Areas” at Hotel Purbani in Dhaka.

Recognising the banking sector's contribution in strengthening economy, Rahman said the banks and financial institutions have done well except wrongdoings by a few banks. “The central bank has taken firm stand against the wrongdoers.”

Bank Asia Chairman A Rouf Chowdhury, President And Managing Director Erfan Uddin Ahmed, D.Net Executive Director Ananyo Raihan and schoolteachers from different regions also spoke.

The central bank chief said technology has simplified banking operations with the introduction of different services including ATM banking, online banking, e-banking, mobile banking and net-banking. But risks have also increased in such operations at the same time, he added.

“Banks and financial institutions will have to remain alert to face the risk of hacking and cyber crimes.”

He said the banking sector's contribution in corporate social responsibility may cross 100 percent this year that increased about 35 percent in 2009, compared to 2008.

The bank has set up 25 such centres since 2006 including 12 in this year that provide computer training to 3,000 students, said the Bank Asia boss.

Later, the central bank governor handed computers and accessories to the headmasters of 12 schools.

Source: The Daily Star

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