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Bangladesh Bank did not take any punitive action against Union Bank PLC for the mismatch of funds in its Gulshan Branch despite it being a violation of Banking rules. [13] It has sent a letter to Union Bank seeking an explanation for the mismatch. [14] Union Bank planned to release shares on the Dhaka Stock Exchange on 26 January 2022.
Standard Chartered Bank Bangladesh has recently, as of January 2014 eased the procedure of getting International Credit Card and have come into competition by providing Visa and Master cards. While private banks like Dutch Bangla Bank Limited and BRAC Bank Limited have booths all over the country, the bank is holding limited space here though ...
Germany: A foreign ministry spokesperson emphasises that it is important that Bangladesh remain democratic amid the unrest in the country. [418] European Union: Ambassador to Bangladesh Charles Whiteley stated that he "wants to see a quick resolution of present situation" and urges the government for "avoidance of further violence and bloodshed".
The World Bank on Friday announced $340 million in new financing to help Chad address several crises, including $90 million to respond to the influx of refugees fleeing conflict in neighbouring ...
Offshore Banking Operation (OBO) was first introduced by Bangladesh Bank in 1985 through a circular for allowing active foreign financing at Export Processing Zones (EPZs). Banks operated the services with Bangladesh Bank approval without any separate law for an offshore banking system until the enactment of the Offshore Banking Act, 2024.
Other possible names for the head of government included Salahuddin Ahmed, a former governor of Bangladesh Bank, retired General Jahangir Alam Chowdhury, and lawyer Sara Hossain. [190] The nomination of Yunus, who accepted the advisory role in the interim government, has also been supported by prominent figures within the student movement. [ 191 ]
There are three types of financial markets in Bangladesh. They are: Money Market : Banks, Non-bank Financial Institutions, and Primary Dealers; Capital Market : Investment Banks, Credit Rating Companies, and Stock Exchanges; Foreign Exchange Market : Authorized Dealers.
Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. According to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka Branch of the State Bank of Pakistan as the central bank of the country and named it Bangladesh Bank with retrospective effect from 16 ...