Search results
Results from the WOW.Com Content Network
As of 2017, Islamic banking, led by Islami Bank Bangladesh Ltd, controls 20% of deposits in Bangladesh. [12] Bangladesh operates the world's biggest Islamic microfinance scheme. [ 12 ] According to Bangladeshi government polling, Islamic banking has an overall approval rating of 84% among the country's population.
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 ...
Since July 2015, the Bangladesh Development Bank Limited (BDBL) has implemented the Core Banking System (CBS) to centralize banking transactions and overall operations. This system enables seamless transactions from any BDBL branch through the core banking software. Additionally, two types of inter-bank transactions are facilitated: 1.
This sector is mainly represented by Specialized Financial Institutions like House Building Finance Corporation (HBFC), Palli Karma Sahayak Foundation (PKSF), Samabay Bank, Grameen Bank etc., Non-governmental organizations (NGOs) and discrete government programs. The informal sector includes private intermediaries which are completely unregulated.
Meghna Bank PLC. is a fourth-generation bank headquartered in Gulshan, Dhaka, Bangladesh. Established on May 9, 2013, [ 2 ] by entrepreneur and politician H. N. Ashequr Rahman , the bank has been in operation for a decade.
BASIC Bank Limited is one of seven state owned banks in Bangladesh. [9] In 2016 the finance minister in a statement described the state of the bank as weak due to graft by top officials of the bank and would require some time for improvement. [10] Sonali Bank UK Ltd and other international banks had censured Basic bank over irregularities. [11]
In 2016, the Bangladesh Bank confirmed the unit has been made autonomous. [7] In September 2021, the Bangladesh Financial Intelligence Unit sent letters to banks requesting the bank details of 11 elected journalist leaders from Bangladesh Federal Union of Journalists, Dhaka Reporters Unity, Dhaka Union of Journalists, and the National Press Club.
The Institute of Bankers was registered on the 6 February 1973 as an association under the Societies Registration Act, 1660 (Act No. XXI of 1660). [2] Before that some eminent bankers and other professionals decided, in a meeting held on 26 July 1972, to establish the institute as a professional body of banks and financial institutions in Bangladesh.