Dhaka, May 20 -- Bangladesh's banking and capital market sectors have been pushed to the brink of crisis by years of plunder, poor economic management, weak financial discipline, and the failure of regulatory institutions, Finance and Planning Minister Amir Khosru Mahmud Chowdhury said on Wednesday.

"Many successful companies and several banks are now suffering from serious capital deficits in the private sector. Non-performing loans, capital flight, and embezzlement carried out in collusion between boards and management are behind it," he said.

Speaking as the chief guest at the 'Financial Accounting and Reporting (FAR) Summit 2026' held at a hotel in the capital, the minister painted a stark picture of the country's financial sector a...