Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Tuesday said banking sector should be further modernised as it can provide proper financial supports to the investors for accelerating industrialisation.
FBCCI said this at a meeting of its Standing Committee relating to the Ministry of Finance (Bank and Financial Institutions Division) held at the FBCCI board room in the city, according to a statement.
Chairman of the FBCCI Standing Committee M Humayun Kabir presided over the meeting while Director In-Charge of the committee Hasina Newaaz presented the detailed future plan of the committee.
FBCCI Directors Hafez Harun-Or-Roshid and M Yusuf Ashraf also participated in the discussion. Co-Chairmen of the Committee and the members from different sectors also attended, reports BSS.
The speakers urged the Bangladesh Bank to strengthen their monitoring activities while sanctioning loan.
The business leaders emphasised on ensuring the implementation of monitoring policy efficiently and taking proper step to bring down the Non Performing Loans (NPL).