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The deposit base reached Rs 13100 million, and the bank floated loans worth Rs 12000 million. The development bank provided services to more than 100000 customers all over the country from 36 branches, 5 extension counters, and 19 ATM centers. [6]
In June 2021, IFIC Bank announced plans to raise 10 billion BDT from perpetual bonds, nine billion BDT from private placement, and one billion BDT by public offer to meet the requirements of BASEL-III. [18] IFIC Bank announced plans to divest from Nepal Bangladesh Bank and sell its share, 40 per cent, in the bank to Nabil Bank in January 2022. [5]
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 government of Nepal has also recently declared Visit Nepal 2020 with the aim of bringing in two million tourists by 2020. Most of tourists visit for short stays. In 2022, 64.7% of the tourists came to Nepal for holiday vacations,10.03% came for adventure, such as trekking and mountaineering, 12.87% came for religious visits, and 12.39% for ...
Prime Bank is the title sponsor of the 2013 edition of Bangladesh Premier League cricket tournament. [12] They are also the owners of Prime Bank Cricket Club. In July 2014, Anti-Corruption Commission sued eleven staff of the bank who had embezzled 926.5 million taka from customers using forged papers. [13]
Grand Bank Nepal 2016 Acquired by Prabhu Bank [6] Janata Bank: 2019 Merged with Global IME Bank [7] KIST Bank 2014 Merged with Prabhu Bikas Bank [8] Lumbini Bank 2016 Merged with Bank of Kathmandu [9] Mega Bank Nepal: 2023 Merged with Nepal Investment Bank and renamed as Nepal Investment Mega Bank [10] Nepal Bangladesh Bank: 2022 Acquired by ...
Bangladesh Road Transport Corporation (BRTC) is a state-owned transport corporation of Bangladesh. It was established under the Government Ordinance No.7 of 1961 dated 4 February 1961. Following the independence of Bangladesh in 1971, it assumed its current name. [1]
Rajshahi Krishi Unnayan Bank had a 8.29 billion taka deficit in 2018. [29] Bangladesh Bank reported that the bank was providing loans below cost. [30] On 23 November 2020, the managing director of Rajshahi Krishi Unnayan Bank A. K. M. Sajedur Rahman Khan was appointed deputy governor of Bangladesh Bank. [31]