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Mamun Rashid

Mamun Rashid, an economic analyst, is chairman at Financial Excellence Ltd and founding managing partner of PwC Bangladesh.

Column Mamun Rashid.jpg

Budget: Old wine in a new bottle?

7 June 2026, 00:00 AM
A national budget is more than a statement of revenue and expenditure. It reflects a government’s economic philosophy, political priorities and development strategy.
7 June 2026, 00:00 AM
Mamun Rashid, Economic Analyst

Banks must increase their capital

2 June 2026, 00:00 AM
The recent decline in the non-performing loan (NPL) ratio, from 35.73 percent in September 2025 to 30.60 percent in December, may appear encouraging.
2 June 2026, 00:00 AM
Writeup Mamun Rashid.jpg

Economics of Qurbani

24 May 2026, 00:00 AM
Eid-ul-Azha in Bangladesh is no longer merely a religious observance; it has evolved into one of the country’s largest seasonal economic cycles.
24 May 2026, 00:00 AM
Mamun Rashid, Economic Analyst

Building a trillion-dollar economy

18 May 2026, 00:00 AM
Bangladesh’s ambition to become a $1 trillion economy by 2034 is bold, inspiring and politically powerful.
18 May 2026, 00:00 AM
Column Mamun Rashid.jpg

How did the Sikders get so much from banks?

10 May 2026, 00:00 AM
The Sikder family story now dominating headlines is not merely about one business group’s rise and fall.
10 May 2026, 00:00 AM
Writeup Mamun Rashid.jpg

Triple economic stress tests for Bangladesh

3 May 2026, 00:00 AM
Bangladesh’s economy is confronting three interconnected structural vulnerabilities: a surge in non-performing loans (NPLs), weakness in revenue mobilisation and a rise in debt-dependent fiscal management. These are no longer isolated technical concerns. Together, they amount to a systemic stress test of economic governance.
3 May 2026, 00:00 AM
Mamun Rashid, Economic Analyst

Banking cannot continue the way it is

28 April 2026, 00:00 AM
After more than 35 years in commercial banking, I have seen a troubling pattern: persistently high non-performing loans, limited product innovation, weak risk management, a shortage of capable and transformational leadership, and undue interference by owner directors.
28 April 2026, 00:00 AM
Mamun Rashid

How govt can stop the export slide

19 April 2026, 00:00 AM
Over nearly four decades, through persistence and sacrifice, Bangladesh has become a reliable exporting nation.
19 April 2026, 00:00 AM
BB Column.jpg

Strengthening the central bank

With nudges from the International Monetary Fund and backing from the World Bank and Asian Development Bank, Bangladesh has embarked on a long-overdue three-year reform plan for its ailing banking sector.
26 July 2025, 19:39 PM
Column.jpg

Did tight monetary policy help?

With support from the World Bank and more importantly the IMF, the Bangladesh Bank (BB) has largely improved its policy analysis capability. The regulator has been announcing the half-yearly monetary policy statement (MPS) since 2007.
19 July 2025, 19:01 PM
Bank Company Act

Tariff talks alone will not fix the economy

The pricing issues caused by new trade restrictions are raising growing concern across Bangladesh’s export sector. And this concern comes not from problems within the country, but from sudden changes in the international trade system.
12 July 2025, 19:29 PM
bribery

Who is sponsoring bribery in Bangladesh?

Why do people offer bribes in the first place?
8 July 2025, 03:00 AM
Default Money column.jpg

Default loans: How do we reverse the trend?

The stability of Bangladesh’s banking sector is under serious threat, and it’s no longer an abstract issue confined to industry insiders or economists.
5 July 2025, 18:48 PM
Opinion Column.jpg

Can the local tea industry recover?

Due to my long association with the tea industry, friends often ask me: if tea gardens are not profitable, why do so many people want to own them? More importantly, who skims the milk in our tea value chain?
28 June 2025, 18:00 PM
Opinion Column.jpg

Do we learn anything from loan failures?

Despite having spent more than three decades in the financial sector, I faced the real test as a credit officer when I was appointed head of restructuring and recovery at Standard Chartered Bank. This was particularly so during audit, portfolio review and due diligence assignments following the Asian financial meltdown in 1997, in East Africa, Greater China and Europe.
21 June 2025, 18:04 PM
We must reform the health sector to ensure equity

We must reform the health sector to ensure equity

The future of healthcare in Bangladesh depends on whether we can move beyond words and take real action.
17 June 2025, 02:00 AM
Bank Company Act

Budget offers little to build national capital

The interim government has presented its first national budget, possibly the last under this setup.
14 June 2025, 18:00 PM
Bank Company Act

AI’s role in Bangladesh’s economic growth

Bangladesh is at a traction point in its technology transformation journey, having started later than many global counterparts.
31 May 2025, 18:00 PM
Bank Company Act

Rethinking cybersecurity for resilient financial systems

Globally, the financial sector has become a prime target for cybercrime, with attacks growing in scale, sophistication, and impact. In 2025, several high-profile breaches exposed vulnerabilities even within well-established institutions.
24 May 2025, 18:06 PM
Bangladesh's banking sector

Reviving Bangladesh’s banking sector: A race against time for innovation and reform

Modern, reliable, technologically advanced banks might be the engines for Bangladesh's next development boom.
24 May 2025, 03:20 AM
Mamun Rashid, Economic Analyst

When banks stop lending, nations stop growing

Ships are safest in the harbour, but that is not what they are meant for.
11 May 2025, 18:00 PM
Bank Company Act

Regulatory reform: A pivotal need for economic agility

For years, local businesses have struggled with an invisible but formidable opponent: a web of outdated, inconsistent, confusing and burdensome regulations. Navigating this bureaucratic maze has often meant facing unpredictable delays, opaque procedures, and uneven enforcement.
3 May 2025, 18:00 PM
pharmaceutical industry,

The promises and pressures of Bangladesh’s pharma industry

There is no doubt that Bangladesh’s pharmaceutical industry has shown remarkable potential.
30 April 2025, 04:00 AM
Bank Company Act

Rescuing the banking sector

The World Bank recently urged Bangladesh to implement a comprehensive set of reforms to restore confidence in our financial system, which has been weakened by poor governance, political interference and related lending.
26 April 2025, 18:00 PM
Bank Company Act

Conflicts of interest in business erode integrity

When we hear the phrase “conflict of interest,” many of us picture shady backroom political deals. But in truth, conflicts of interest are just as rampant in the world of business, especially in Bangladesh’s fast-growing economy, where family ties and personal connections often blur professional lines.
19 April 2025, 18:00 PM
Bangladesh export future after LDC graduation

Post-LDC challenges and the future of Bangladesh's exports

The path ahead is becoming clearer, and more complicated.
17 April 2025, 03:00 AM
Bank Company Act

Strengthening leadership to regain trust in private banks

Moody’s recently downgraded the outlook for Bangladesh’s banking sector to negative due to increasing asset risks and worsening economic conditions.
12 April 2025, 18:00 PM
Our startup ecosystem needs nurturing

Our startup ecosystem needs nurturing

The start-up ecosystem in Bangladesh is experiencing a period of exciting growth, driven largely by a youthful, entrepreneurial population eager to make their mark.
11 April 2025, 02:00 AM

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