Performance Evaluation-A Comparative Study of Banking Sector in Bangladesh

Abstract

Bank is very old institution that contributing toward the development of any economy and treated as an important service industry in modern world. Due to globalization and free market economy, the banking industry is facing severe competition in any country, as its functions are not limited to within the same geographical limit of any country. The overall performance of Bank does not only depend upon the banking industry itself but also on the performance of economy where it is operating. The Banking sector in Bangladesh is different from the banking sector as seen in developed countries and very competitive due to existence of different types of banking. This is one of the major service sectors in Bangladesh economy and can be divided mainly in to four categories- Nationalized Commercial Banks (NCBs), Private Commercial Banks (PCBs), Development Financial Institutions (DFIs) and Foreign Commercial Banks (FCBs). The performance of these banks differs widely within same group and individually. For the purpose of this study, analysis is kept within all these different types of banks.