Search results
Results from the WOW.Com Content Network
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]
In February 2005, the chairman of the bank, Abu Zafar Chowdhury, defended the bank from Bangladesh Bank which questioned the use of bank in the name of Dhaka Mercantile Co-Operative Bank Limited. [6] On 11 July 2007, Group Captain Abu Zafar Chowdhury was re-elected chairman of Dhaka Mercantile Co-Operative Bank Limited. [7]
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 June, the Bank had 19.54 billion BDT in bad loans accounting for 9.63 per cent of all loans of the bank. [20] In November, Bangladesh Bank appointed Md Shazzad Hossoin, an official of Bangladesh Bank, to one bank as an observer. [20] One Bank reduced their CEO pay following decline in profit in 2021. [21]
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 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.
It houses the headquarters of Bangladesh Bank. The building is one of the earliest high-rises in the city. Built in 1985, it was the tallest building in Bangladesh for 27 years, until 2012, when City Centre Dhaka Topped-out at 171 metres (561 ft). Currently, the bank building is the fourth tallest building in Bangladesh. [2]
Bangladesh Shilpa Bank Bhaban is a tall high-rise located in Dhaka, Bangladesh. It is located in Motijheel, the central business district of the metropolis. It rises up to a height of 71 metres (233 ft) and comprises a total of 22 floors. It houses the headquarters of Bangladesh Shilpa Bank, the premier financial institution of the country.