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LankaBangla Finance Limited was established in 1997 as a non-banking financial institution by Vanik Incorporation Limited of Sri Lanka and some Bangladeshi investors. [4] [5] It was originally named Vanik Bangladesh Limited but was renamed to LankaBangla Finance Limited in 2003. [5] Sampath Bank and One Bank Limited purchased shares in 2003. [5]
On 7 April 1972, after the Bangladesh Liberation War and the eventual independence of Bangladesh, the Government of Bangladesh passed the Bangladesh Bank Order, (P.O. No. 127 of 1972), reorganising the Dhaka branch of the State Bank of Pakistan as Bangladesh Bank, the country's central bank and apex regulatory body for the country's monetary and financial system.
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 ...
Bangladesh and Jordan have expressed interest in expanding trade and investment. Jordan is one of the largest Bangladeshi labour export markets. [4] In 2011, Jordan lifted a ban on the importation of labour from Bangladesh but tightened the recruitment process soon after as a result of some cases of sexual exploitation of the female workers and labor strikes. [5]
In April 2021, BD Finance signed an agreement with the United States-based Sovereign Infrastructure Group for investments worth US$2 billion. [6] It received a AA- rating. [14] Bangladesh Finance and Investment Company Limited was renamed to Bangladesh Finance Limited in April 2021. [15]
BASIC Bank Limited was established on 2 August 1988 began operations from 21 January 1989. [3] It was owned by BCC Foundation, which owned 70 percent of the shares, and the government of Bangladesh, which owned the remaining 30 percent of the shares. [3]
After the independence of Bangladesh in 1971, owner of Afil Jute Mills Limited, Mohammad, served as the chairman of the bank. [7] In 1987, Khoksha-Janipur Bank was renamed to Jubilee Bank. [ 5 ] In 1988 the bank with permission from Bangladesh Bank was transformed into a commercial bank with Mia Abdur Rashid, co-chairman of Bangladesh Freedom ...
The government of Bangladesh listed the Bangladesh Samabaya Bank Limited as a specialized institution until 2000, when it was changed to a non-banking financial institution. [4] An Awami League politician was stabbed to death in November 2013 after he left a meeting at the office of the chairman of Bangladesh Samabaya Bank Limited in Motijheel. [5]