The country’s banking sector is passing through tough time, Bangladesh Bank (BB) Governor Atiur Rahman observed Sunday.

The BB governor said some of the problems were inherited; some others can be attributed to the failure of authorities, while the rest of the troubles may be considered as the trickle-down effect of the global financial crisis.

Atiur was speaking at the inaugural ceremony of the annual banking conference 2012, a regular event of the central bank, as chief guest at the auditorium of Bangladesh Institute of Bank Management (BIBM) at Mirpur in the city.

“Bangladesh’s banking sector has become matured and it achieved much. But it is also passed through a difficult time,” Dr Rahman told the conference, which was presided over by BIBM Director General Dr. Toufic Ahmad Choudhury.

The governor hopes that experts and the practicing bankers will address many critical issues and challenges prevailing in the country’s banking sector. “I welcome you all to this unique forum where academia and

practitioners can meet together to sort out crucial problems besetting this sector and come out with innovative solutions to those problems,” he said.