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Nineteenth Nurul Matin Memorial Lecture on Ethics in Banking held in BIBM


Written by Manager

Monday 3rd February 2020

Press Release
Dhaka, 02 February,2020
Nineteenth Nurul Matin Memorial Lecture on Ethics in Banking held in Bangladesh Institute of Bank Management (BIBM) auditorium.  Eminent economist Dr. Atiur Rahman, Bangabandhu Chair Professor, University of Dhaka and Former Governor of Bangladesh Bank delivered a keynote speech in this program.
Fazle Kabir, Chairman of BIBM Governing Board and Governor of Bangladesh Bank presided over the session while BIBM Director General Dr. Md. Akhtaruzzaman made address of welcome. Dr. Prashanta Kumar Banerjee, Professor and Director (Research, Development & Consultancy) of BIBM gave vote of thanks of the program.

Members of board of directors of Bangladesh Bank, former governors, deputy governors, senior central bankers, government high officials, BIBM’s chair and supernumerary professors, top executives from different banks, university professors, academicians, faculty members of BIBM, senior bank executives, media representatives, officers of BIBM participated in the nineteenth Nurul Matin Memorial Lecture program.

In his keynote speech, Dr. Atiur Rahman said, Poverty is receding fast, and a number of sustainable development goals are destined to be achieved well ahead of 2030 as was the case with achievement of most of the MDGs. Bangladesh is now ahead of its higher-income large neighbors on many counts of human and social development indicators including life expectancy.

He said, South Asia's growth projections for up to 2019 indicate that Bangladesh's stable growth rate will be the highest in the region in the coming years - probably among the best global growth performances.

He also said, Ethics in banking or for that matter wider canvas of finance is, therefore, a subset of general ethics. Ethics cannot flourish in vacuum. It has to “relate to values and moral principles used in communities in which a company/enterprise/bank operates.


He added, `If you look at the global experience, ranging from the developing to the advanced economies, finance is all about trust. In the language of economics, it deals with limited information because savers put their trust and money in borrowers when they invest through banks, non-bank, and capital markets. The assessment of financial risks requires special skills that most people, including savers, don't have.’ 

Fazle Kabir, Governor of Bangladesh Bank said, financial inclusion has received policy priority to Bangladesh Bank to build strong foundation of financial infrastructure, reduce the economic vulnerability of households, alleviate poverty and improve the quality of peoples’ lives and hence promoting economic growth.
 As part of financial inclusion initiatives, BB has instructed banks to extend formal banking services to less privileged people in both urban and rural areas. Measures undertaken in this respect like agent and booth banking, mobile banking and school banking, opening No Frill Accounts (NFAs), doing banking for working street children and arranging fairs and creating refinancing schemes have brought a massive unbanked people under banking services. In all these efforts your dedication have been stamped proudly, he added.   

BIBM Director General Dr. Md. Akhtaruzzaman said, BIBM each year arranges this prestigious memorial lecture in hallowed memory of Late AFM Nurul Matin.  This is nineteenth in series.  Each year we are discovering new messages of ethics from this memorial lecture of distinct speaker.  We are confident that this year we will also be highly benefitted from the lecture of our revered speaker of Dr. Atiur Rahman. 

Possibly you will agree with me that it is high time to arrange Nurul Matin Memorial Lecture as in one way we will get the further scope to recall the contribution of Late  AFM Nurul Matin   to  repair the banking sector immediate after independence and   on the other hand , we can go back to our  desk by taking new  direction of ethics for being  a decent banker, he also added.

Mr. Nurul Matin was born in 1928. He joined the Research Department of the State Bank of Pakistan in 1951 as an Officer Class I and, subsequently, his services were placed in the operational departments of the Bank in 1963. During his long banking career, Mr. Matin occupied many senior positions including Secretary to the Board of State Bank of Pakistan, Executive Director of Equity Participation Fund, Managing Director and Chairman of Bangladesh Shilpa Bank and Deputy Governor of Bangladesh Bank. He also worked as the Director of Bangladesh Institute of Bank Management (BIBM). He was also one of the founders of BIBM. 

BIBM initiated this memorial lecture program in 1997 to enhance the ethical value of bankers.

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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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