Should there be fewer banks achieved by merging some of the private banks? We concentrate on the private banks as government owned banks would receive special treatment and foreign banks can manage their own affairs. Focusing only on domestic private banks, this covers 35% of the amount outstanding and 14% of the number of advances. The experience of many countries with these small enterprises during the pandemic is that the enterprises simply go out of business. Without such a debt forgiveness program for small enterprises, most cannot survive and unemployment will rise during 2021.

Source: Dhaka Tribune December 24, 2020 21:33 UTC