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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 ...
The newly independent government immediately designated the Dhaka branch of the State Bank of Pakistan as the central bank and renamed it the Bangladesh Bank. [9] The bank was responsible for regulating currency, controlling credit and monetary policy, and administering exchange control and the official foreign exchange reserves. [9]
In January 2014, Bangladesh Bank ordered Karmasangsthan Bank to not open new branches and set a series of conditions the bank must meet. [12] Kaniz Fatema was appointed chairman of the bank in April. [13] Kazi Sanaul Hoq was appointed managing director of Karmasangsthan Bank in August 2019. [14] It provides funding to workers training ...
On 20 December 2001, the Government of Bangladesh established a separate Ministry of Expatriate Welfare and Foreign Employment, giving increased importance to the field of foreign employment. The purpose of forming this ministry is to ensure the welfare of expatriate workers and expand foreign employment.
Ansar-VDP Unnayan Bank is a specialized government owned bank in Bangladesh. [1] The bank was founded to provide financial services to the paramilitary Bangladesh Ansar and Village Defence Party. [2] [3] Major General AKM Nazmul Hasan is the chairman of this bank. [4] The bank has 259 branches across the country under 18 regions. [5]
Bangladesh Krishi Bank asked for deposits from State owned enterprises. [23] In June 2022, it had the highest capital shortfall in Bangladesh with 128.77 billion taka. [24] It received an appreciation letter for distributing loans from the Bangladesh Bank. [25] The Bank donated 10 million taka to the relief fund of Prime Minister Sheikh Hasina ...
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The Bank opened a merchant banking wing in 2009. [8] In 2020, the consolidated net profit for the bank was 650 million taka. [9] On 2 August 2022, Trust Bank held its the 23rd Annual General Meeting online chaired by the vice-chairman of the bank, Major General Md Moshfequr Rahman. [10] The meeting approved a 22.5 dividend for the year. [10]