Bank Management. Please discuss in details.

4. The overall banking industry is facing the following challenges in Bangladesh. Interest rate volatility and government intervention Huge government borrowing Money laundering under the guise of international trade Deliberate default by few clients Board of director's undue influence on loan approval Small market with too many competitors like NBFI & MFI Stringent branching regulation Lack of policy regarding merger and acquisition Poor bond market and lack of secondary trade High cost of doing business Negative image I discussed these challenges of local banks throughout the semester. Now, I want you to write an editorial on how to overcome these challenges in a meaningful way. It is important for you to understand and consider that some of the challenges are out of your control. Still, you should write about the remedies that might someday will influence the policymakers. (Maximum 400 words)