Search results
Results from the WOW.Com Content Network
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 December 1971. Other than Bangladesh Bank, banks in Bangladesh are primarily categorized into two types: Scheduled ...
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 ...
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.
The International Finance Investment and Commerce Bank PLC. commonly known as IFIC Bank is a first generation Bangladeshi private commercial bank. [1] [2] [3] IFIC Bank PLC is a banking company incorporated in the People's Republic of Bangladesh with limited liability. It was set up at the instance of the Government in 1976 as a joint venture ...
Its headquarter is located at 36 Kemal Ataturk Avenue, Banani, Dhaka — 1213, Bangladesh. [5] Second unicorn of the country, Nagad has been awarded as the fastest company in Bangladesh to reach the milestone of becoming a unicorn startup. [6] It is also first digital bank in the country. [7]
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]
Shimanto Bank PLC. is a schedule commercial bank in Bangladesh and related to the Border Guards Bangladesh. [1] [2] As the slogan goes "Shimanhin Astha", Shimanto Bank Limited aims to be the leading financial institution to serve with utmost trust. [3] Rafiqul Islam is the chief executive officer and managing director of the bank. [4] Major ...
The Bangladesh High Court denied bail to a former VP of the bank on accusations of embezzling 220 million BDT from the bank. [14] Two officials of the bank were detained for misappropriating 37.7 million BDT from Dhaka Bank. [15] Abdul Hai Sarker was re-elected chairman of Dhaka Bank Limited in July 2021. [16]