20-25 banks may dominate Bangladesh's future economy: Syed Mahbubur Rahman

MTB Managing Director Syed Mahbubur Rahman emphasizes the need for professional board governance and the removal of political interference in banking.

20-25 banks may dominate Bangladesh's future economy: Syed Mahbubur Rahman

In an interview with The Business Standard, Mutual Trust Bank (MTB) Managing Director and CEO Syed Mahbubur Rahman stated that 20 to 25 banks are likely to dominate the future of Bangladesh's economy. He stressed that political interference must be eliminated from the banking sector to ensure stability.

Rahman highlighted the necessity of professional board governance to improve institutional performance. Additionally, he outlined plans to raise Tk342 crore in capital by engaging a potential strategic investor.

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