However, Kamal maintains that no approached him about the proposed bank. There were no discussions regarding this. When I will know, then you [journalists] will also be well informed, he said after a meeting of the cabinet committee on government purchase.
Experts criticised the proposal to set up a separate bank. The idea is absurd as the apex trade body has done little for the cottage, micro, small and medium enterprise (CMSME) sector, said Ahsan H Mansur, executive director of Policy Research Institute of Bangladesh.
There are currently 61 banks and 34 non-banking financial institutions operating in the country.
As the apex trade body, the FBCCI has a lot of responsibilities. This includes negotiating with the government to protect the interests of the local business community.
FBCCI s plan for a bank is an absurd idea: experts
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Fifty years of the evolution of trade policy in Bangladesh
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