Finance Minister AMA Muhith on Saturday expressed his firm optimism that Sonali Bank Limited – the country’s largest state-owned commercial bank – would establish itself as an ideal bank within a couple of years. Minister Muhith said: “I have said this before that we will turn Sonali Bank into an ideal bank for others. Finance and Planning State Minister MA Mannan, Bangladesh Bank Governor Fazle Kabir, Bank and Financial Institutions Division Secretary Yunusur Rahman spoke on the occasion, presided over by Sonali Bank Chairman Md Ashraful Moqbul. Sonali Bank CEO and Managing Director Obayed Ullah Al Masud presented the welcome address. Also Read- Hall-Mark scam shoots Sonali Bank default loan up 50%Muhith expressed his dissatisfaction over the weaknesses of the banking sector, saying: “I am not at all happy about it and often admit the banking sector has weaknesses.”He noted that in comparison to the state of the banking sector from 1972-1976 and 1981, the current banking sector is in its “golden age.”Muhith also said around 181 Sonali Bank branches are still incurring losses across the country.

Source: Dhaka Tribune February 03, 2018 13:30 UTC