Other Emerging Market Dominoes Set to Fall

Bangladesh: Safety First, but Diligence Always

Bangladesh Banks – Harder Line Being Taken

Standard Chartered (China) – Not Sure Whether to Laugh or Cry

Standard Chartered (Hong Kong) – A Messy Flagship

Silver Point

Thomas J. Monaco

Silver Point is a boutique research firm that focuses on the broader financial services sector, with a particular focus on troubled institutions globally. 

Asia Ex Japan

Thematic (Sector/Industry)

Bangladesh Banks / Thematic (Sector/Industry)

Investment Summary Bangladesh’s financial system continues to experience pressures on all fronts: <ol>
<li>
Currency Depreciation: Since June 2017, Bangladesh has faced F/X payment challenges as a result of unabated USD strength relative to BDT, with the Bangladesh Bank has been selling USD – releasing over USD 1.5 bn in F/X reserves since July 2017. BDT depreciation and rebounding commodity market might accelerate Bangladesh inflation;</li>
<li>
Loan Balances Near Caps: The Ministry of Finance recently reduced its…</li>
</ol>

Investment Summary Bangladesh’s financial system continues to experience pressures on all fronts: 

Currency Depreciation: Since June 2017, Bangladesh has faced F/X payment challenges as a result of unabated USD strength relative to BDT, with the Bangladesh Bank has been selling USD – releasing over USD 1.5 bn in F/X reserves since July 2017. BDT depreciation and rebounding commodity market might accelerate Bangladesh inflation;

Loan Balances Near Caps: The Ministry of Finance recently reduced its…


Bangladesh Banks – Liquidity Pressure Continues Unabated

Bangladesh Financials

Bangladesh Banks – Liquidity Pressure Continues Unabated