Dhaka, Bangladesh (BBN)– Association of Bankers Bangladesh (ABB) is set to arrange a discussion meeting on the current scenario of financial sector in Bangladesh on Wednesday.

The discussion meeting will be held at a local hotel at 11:00 am (local time), an ABB member told the BBN in Dhaka.
Managing Directors (MDs) and Chief Executive Officers (CEOs) of the banks are invited to attend the discussion meeting, he added.

The ABB’s meeting is going to be held just four-day after a discussion meeting on the country’s banking sector, organized by Centre of Policy Dialogue (CPD), a private think-tank.

At the meeting, the CPD said the country has lost BDT 225.02 billion during the last 10 years through major scams, irregularities and heists.

This amount is equivalent to 39 per cent of the tax revenue of the government during fiscal year 2017-18 as of May 2018, the CPD experts estimated.

This is also equivalent to 78.2 per cent of Padma Multipurpose Bridge or 64.3 per cent of Padma Bridge rail link, said executive director of CPD Fahmida Khatun in her keynote presentation.

This BDT 225.02 billion would also be enough for funding the Dhaka mass rapid transit development project, she pointed out.