At a dialogue titled “Global Financial Trends & Reforms: Implications for Bangladesh,” organized by ICC Bangladesh in Dhaka, business leaders and banking experts warned that rising US tariffs could strain Bangladesh’s banking sector by reducing export earnings, tightening foreign currency liquidity, and increasing non-performing loans. ICC Bangladesh President Mahbubur Rahman emphasized the need for resilient financial strategies, while Vice-President AK Azad urged international bodies like the ICC and WTO to intervene and assist developing economies. Calls were made for market-based currency exchange rates, recapitalization of state-owned banks, strategic mergers, and stronger regulatory coordination. Global experts, including Florian Witt and executives from Standard Chartered and HSBC, stressed reform urgency amid shifting global trade dynamics. While Bangladesh Bank acknowledged ongoing reforms, stakeholders emphasized the need for quicker action, deeper coordination, and context-specific strategies to strengthen the financial sector against global shocks.
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