Reaz Islam, CEO of Dhaka-based LR Bangladesh Asset Management
Bangladesh is under-banked with respect to domestic and foreign investors and institutions, something its central bank is seeking to remedy, particularly for infrastructure finance.
Bangladesh Bank recently took steps to incentivise banks to move into under-banked areas. But the country’s growth trajectory has been such that financial institutions still lack sufficient resources, both from a human resources and technology point of view.
The point was made at AsianInvestor’s and Finance...