Dhaka, Nov. 15 -- Winning back customers' trust is the toughest challenge facing Bangladesh's troubled banking sector, says ONE Bank Chief Executive Officer and Managing Director Muhit Rahman.

He believes confidence in deposits must be restored before lenders can expand credit.

On bdnews24.com's "Chinwag with the Chiefs", Muhit discussed bad loans, pressure from influential borrowers, digital banking and ONE Bank's plans. He proposed recovery task forces and early-warning systems to identify borrowers at risk before they default.

After more than 30 years at multinational banks, Muhit said he had brought a focus on governance, cash-flow-based lending and risk monitoring to ONE Bank.

"I see enormous scope for a local bank in these areas...