SANEM-ADB Conference on Financial Soundness Indicators

SANEM, in collaboration with the Asian Development Bank (ADB), Manila, organized a two-day conference on “Understanding and Analyzing Financial Soundness Indicators” on 8-9 July, 2014 at the Westin Hotel, Dhaka. The aim of this conference was to facilitate better understanding and analysis of the financial soundness indicators in Bangladesh.

DSC_0693On the first day of the conference, Dr. Selim Raihan (Executive Director, SANEM) and Dr. Guntur Sugiyarto (Senior Economist, ADB, Manila) inaugurated the conference with their welcome remarks. Ms. Sujatha Viswanathan (Senior Economist, ADB, Bangladesh Resident Mission) delivered her opening remarks while Mr. Shitangshu Kumar Sur Chowdhury (Deputy Governor, Bangladesh Bank) was the Chief Guest and delivered his special remarks.

Other sessions included “Recent Demands on Macro-prudential Policy Analysis and Role of FSIs” where Dr. Selim Raihan gave “An Overview of the FSIs in Bangladesh”. Mr. Golam Mortaza (Economist, ADB, Bangladesh Resident Mission) and Dr. Kazi Iqbal (Research Fellow, BIDS) presented a “Study on Banking Sector Performance in Bangladesh”. Dr. Md. Akhtaruzzaman (Economic Advisor, Bangladesh Bank) presented “Initiatives in Measuring New FSI Statistics”. There were also sessions on “Real Estate Prices using GIS Technique” by Mohammad Syful Hoque (Researcher at SANEM) and “Role of Bangladesh Bank in Compiling FSIs: Lessons Learned and Challenges” by Mr. Debashish Chakrabortty (GM, Financial Stability Department, Bangladesh Bank).

DSC_0753The second day started with a special address from Mr. Mohammad Yousuf (Joint Secretary, Ministry of Finance). During the session on “Investment Climate Assessment”, Dr. Selim Raihan and Mr. Ahmed Tanmay Tahsin Ratul (Research Associate, SANEM) presented “Results of Investment Climate Monitoring”. Other presentations for the second day included “FSIs Compilation: Encouraged Indicators” by Mr. Md. Shahabuddin Sarkar (Deputy Director, National Accounting Wing, BBS) and Mr. Mohammad Syful Hoque; and “Financial Soundness Indicators: BBS’s Role and the Way forward” by Mr. Abul Kalam Azad (Director, National Accounting Wing, BBS).

DSC_0735Around 80 participants from different research organizations, Ministry of Finance, universities, Planning Commission attended the conference. The conference generated intense discussions among the participants and panelists. This event came to an end with closing remarks from Dr. Selim Raihan and Dr. Guntur Sugiyarto.