Financial Institutions and Corporate Financing in Bangladesh
Year: 1996
Type: article
Abstract: This paper attempts to analyze the performance of financial institutions in Bangladesh and shed light on the role of these institutions in providing corporate finance. It appears that these institutions have been playing increasingly large role in the process of transformation from the earlier socialistic economic approach to a market eonomy in recent years. Implications of Japanese experience are also discussed where deemed necessary. It suggests that the structural changes in the financial system is likely to produce better results in the present development process of the economy. DFIs and commercial banks of Bangladesh reflects poor performance due to misappraisal of projects and political interventions in their activities. Japanese government industrial policy measures were implemented through JDB loans. Borrowing by a particular firm from JDB could provide signal to private banks. Here lies the importance of Bangladesh DFIs to fill up this gap. Besides, government efforts for providing more incentives to private sector financial institutions and developing colse relation between banks and firms appears to have become increasingly relevant.
Author: Ahmed, M.Farid
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2114343778