Abstract:
The banking industry plays a very important role in the Bangladeshi economy, and measuring
financial performance is one of the main factors that banks should consider. The efficiency of the
country’s banking sector is seen as a macroeconomic achievement. This is the best reflection of
economic development. The rating of monetary indicators of the banking sector is a vivid and
effective indicator to test the sustainability of a country’s economic activities. In recent years,
Bangladesh’s state-owned commercial banks have fluctuated due to their performance and
profitability. Bangladesh’s banking industry will be one of the economic sectors most affected by
the overall slowdown in macroeconomic growth. Bangladesh’s banking industry, as well as its
involvement in the most severely affected economic sectors, such as foreign trade, RMG, and
capital markets, were in trouble even before the pandemic because the ceiling for all loans
(excluding credit) was set at 9% Card), printing liquidity and permanent bad debt deterioration;
however, due to the COVID-19 pandemic and the isolation caused by it, the banking industry will
face a serious crisis in several ways, because the quality of the bank’s assets may decline, and its
Interest income and expenses will also be affected. On Sunday, April 5, 36 private banks in
Bangladesh decided to donate 16.13 million U.S. dollars (137 billion taka) to the Prime Minister’s
Welfare and Aid Fund to help the government respond to the coronavirus pandemic. They are
590,000 U.S. dollars (50 million taka) and 150,000 U.S. dollars (1.25 million taka).In this report I
mainly highlights five big Commercial Bank in Bangladesh. These are- City Bank, Brac Bank,
United Commercial Bank, Eastern Bank and Mutual Trust Bank. I mainly discuss this banks
condition after and Current Covid-19 Financial Performance.
