More banks bag sound operating profits

More private commercial banks (PCBs) bagged substantial operating profits in the just-concluded calendar year as widening interest-rate spread alongside private-sector-credit growth paid off. The FE collected unaudited operating-profit figures of 11 more banks, out of a total of 42, including nine new PCBs, until going to press on Saturday. Of them, the

Banks, MFIs should achieve financial inclusion together: Speakers

Financial sector experts have suggested that banks and MFIs together would pave a better way to achieve the goal of financial inclusion in Bangladesh. Speakers expressed their opinion at a Brac Bank-organised webinar on the "impact of the Covid-19 pandemic on the microfinance industry" recently, reads a press release. The webinar titled