The seminar on “Centralized and Decentralized Banking: A Study of Risk-Return Profile of Banks” was held in the capital at the Bangladesh Institute of Bank Management (BIBM) auditorium. The paper advocated a decentralized banking sector. “A 66.35% objection to a decentralized system was actually the reason behind why banks switched from a decentralized to a centralized system,” said the paper. Therefore, both types of transformation have been experienced in the banking industry, centralization to decentralization, as well as, decentralization to centralization. BIBM Supernumerary professor Helal Ahmed Chowdhury said both methods of centralization and decentralization in the banking sector should be kept.

Source: Dhaka Tribune November 25, 2018 16:07 UTC