01712cas a2200241 a 4500 AALejournalIMF010006 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451954975 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Banks in Distress : The Case of Bangladesh. Washington, D.C. : International Monetary Fund, 1990. 1 online resource (34 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper describes the situation of bank distress which developed in Bangladesh since 1983-84. Since the key problem banks are state-owned, there has been no banking crisis, although costs to the economy have been high. Main causes of distress included preferential and directed lending, and administered interest rates. Inadequate supervision and managerial weaknesses were other contributory factors. Macroeconomic trends played a small role only. The authorities have recently taken major corrective measures. The paper calls for determination in the implementation of these measures to swiftly restore financial stability and limit the overall cost of this long-running distress situation. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1990/081 Full text available on IMF http://elibrary.imf.org/view/journals/001/1990/081/001.1990.issue-081-en.xml IMF e-Library