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Trust Bank Limited is a private commercial bank established in 1999 in Bangladesh. It is backed by Army Welfare Trust of Bangladesh Army . [ 2 ] General Waker-uz-Zaman the chief of Bangladesh army is its chairman.
In 2015, the bank became one of two local partners of Life Insurance Corporation of India in Bangladesh. [10] The Daily Star 15th Bangladesh Business Awards described the bank as "one of the best-run banks in Bangladesh". [11] Anis A Khan was re-appointed managing director of Mutual Trust Bank Limited in 2015 for a four year term. [8]
The Bangladesh Army Welfare Trust was established in June 1998. [3] In 1999, the trust established Trust Bank Limited. [4] The BBC estimated the commercial enterprise of the Bangladesh Army to be over 30 billion taka. [5] The trust was founded to look after the interests and welfare of retired military personnel.
A trust company can be named as an executor or personal representative in a last will and testament.The responsibilities of an executor in settling the estate of a deceased person include collecting debts, settling claims for debt and taxes, accounting for assets to the courts and distributing wealth to beneficiaries.
Bangladesh Petroleum Corporation: Oil & gas Exploration & production Dhaka: 1976 State-owned petrochemical S A Bangladesh Pratidin: Consumer services Publishing Dhaka: 2010 Newspaper P A Bangladesh Railway: Industrials Railroads Dhaka: 1862 Railroads S A Bangladesh Shipping Corporation: Industrials Marine transportation Chittagong: 1972 State ...
IBBL is a joint venture of the government of Bangladesh, 22 businessmen of Bangladesh, Islamic Development Bank, and investment firms and banks from Muslim Middle Eastern countries. [12] According to The Economist, "Islami Bank was a pioneer in financing Bangladesh's rise as the apparel industry's main production base outside China." [7]
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In 2004, Jashim Uddin became the president of Bangladesh Plastic Goods Manufacturers and Exporters Association. [8] In June, Bengal Group purchased Rahmania Biscuit and Bread Industries. [9] In March 2007, a fire started at the headquarters of the group in first floor of BSEC Bhaban in Karwan Bazar leaving four dead and 36 injured. [10]