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Seminar on “Opening New Branches of Banks: Rationality and Reality” held at BIBM


Written by Manager

Wednesday 25th September 2019

Press Release
Dhaka, 24 September, 2019:
A half day long seminar was held at the Bangladesh Institute of Bank Management (BIBM) on 24 September, 2019, in its auditorium. Dr. Prashanta Kumar Banerjee, Professor & Director (RD&C) of BIBM delivered welcome address. Md. Nazimuddin, Executive Director of Bangladesh Bank and Director General of BIBM chaired the Program.
A paper titled “Opening New Branches of Banks: Rationality and Reality” was presented in the seminar by Md. Mohiuddin Siddique, Professor and Director (Dhaka School of Bank Management) of BIBM on behalf of research team. Other members of the research team are Mr. Atul Chandra Pandit, Associate Professor of BIBM; Dr. Md. Mahabbat Hossain, Assistant Professor of BIBM and Md. Shahriar Siddiqui, Deputy General Manager of Bangladesh Bank.

A good number of participants including senior bank executives, academicians, media representatives, faculty members of BIBM took part in the seminar.
S.M. Moniruzzaman,  Chairman of BIBM Executive Committee and Deputy Governor of Bangladesh Bank was present in the seminar as the chief guest. Barkat-e-Khuda, Dr.  Muzzafer Ahmed Chair Professor of BIBM & Former  Professor of Dhaka University; Helal Ahmed Chowdhury, Supernumerary Professor of BIBM & Former Managing Director of Pubali Bank Limited; Md. Yasin Ali, Former Supernumerary Professor of BIBM;  Md. Maksudur Rahman Sarker, Professor of Dhaka University spoke among others at the event.
Deputy Governor said, Bangladesh Bank has already undertaken a few initiatives (Such as guidelines and directives) to streamline the branch opening practices of banks. Opening a bank branch is mainly a profit-centered issue for a bank but it is more than that for the regulatory body. Bangladesh Bank ensures a prudent combination between the rural and urban ratio of branches to promote balanced economic development in the country. 

He also said, Bangladesh bank also regularly instructs banks to keep the cost of opening bank branch or business centers at low level. If the set-up cost of a branch is low, it helps to reach break-even point earlier. Besides, Bangladesh bank conducts on-sight inspection of branches on a regular basis. But, ultimately, the success of a new branch depends on the proper analysis of a bank before launching a new branch including the capacity of a bank to manage a large network of branches, he added
Barkat-e-Khuda, Dr.Muzaffer Ahmed Chair Professor of BIBM & Former  Professor of Dhaka University said, national economic point of view, the network of the branches should be geographically as diversified and evenly distributed as possible keeping in mind the viability of the branches for promoting financial inclusion and reducing rural –urban disparity and to achieve SDG.
In the concluding speech, Director General of BIBM said, output of the study along with opinions and observations made today will help BB to take future actions.
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Members of the Institute

  • Bangladesh Bank
  • Sonali Bank Limited
  • Janata Bank Limited
  • Agrani Bank Limited
  • Rupali Bank Limited
  • Pubali Bank Limited
  • Uttara Bank Limited
  • Bangladesh Krishi Bank
  • Bangladesh Development Bank Limited
  • AB Bank Limited
  • National Bank Limited
  • Eastern Bank Limited
  • United Commercial Bank Limited
  • Islami Bank Bangladesh Limited
  • IFIC Bank Limited
  • Rajshahi Krishi Unnayan Bank
  • Standard Chartered Bank
  • Dutch-Bangla Bank Limited
  • Mercantile Bank Limited
  • ONE Bank Limited
  • Al-Arafah Islami Bank Limited
  • National Credit and Commerce Bank Limited
  • Trust Bank Limited
  • Southeast Bank Limited
  • Social Islami Bank Limited
  • The Hongkong and Shanghai Banking Corporation Limited
  • Standard Bank Limited
  • Export Import Bank of Bangladesh Limited
  • Mutual Trust Bank Limited
  • BASIC Bank Limited
  • Jamuna Bank Limited
  • Bank Asia Limited
  • First Security Islami Bank Limited
  • The City Bank Limited
  • Prime Bank Limited
  • Dhaka Bank Limited
  • Investment Corporation of Bangladesh
  • Bangladesh Commerce Bank Limited
  • BRAC Bank Limited
  • The Premier Bank Limited
  • Shahjalal Islami Bank Limited
  • State Bank of India
  • Habib Bank Limited
  • Commercial Bank of Ceylon PLC
  • Bank Alfalah Limited
  • Citibank, N.A.
  • National Bank of Pakistan
  • South Bangla Agriculture and Commerce  Bank Limited
  • Meghna Bank Limited
  • Woori Bank
  • NRB Commercial Bank Limited
  • Union Bank Limited
  • The Farmers Bank Limited
  • NRB Bank Limited
  • Shimanto Bank Limited
  • Bangladesh House Building Finance Corporation
  • Non Member NBFI
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