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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]
BASIC Bank Limited is one of seven state owned banks in Bangladesh. [9] In 2016 the finance minister in a statement described the state of the bank as weak due to graft by top officials of the bank and would require some time for improvement. [10] Sonali Bank UK Ltd and other international banks had censured Basic bank over irregularities. [11]
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]
The latest is the 51th branch of BDBL in Chitalmari Branch, Bagerhat. The bank's new branch, Amin Tower, 1st Floor, Upozilla Road, Chitalmari, Bagerhat, the 51th branch of Bangladesh Development Bank PLC (BDBL), was inaugurated in Chitalmari, Bagerhat on 16-01-2025.[1] Bangladesh Development Bank PLC (BDBL) operates its banking operations online.
In 2022, many media outlets reported that the bank was giving out loans to suspicious businesses without proper verification. [24] [25] A 24 year old received a 9 billion BDT loan from Islami Bank Bangladesh Limited a month after he established the company, MediGreen. [25] MediGreen had applied for the loan 14 days after registering. [25]
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 ...
printout of a booking, with a hotel or a tour company in Bangladesh, valid for the entire duration of the intended stay in Bangladesh; or an invitation letter from a business or a company operating in Bangladesh; or the contact details of Bangladeshi close relatives, residing in Bangladesh, who are expecting and will vouch for the visa seeker;
The bank established Rupali Investment Limited as a fully owned subsidiary in 2010. [17] In September 2015, a court in Dhaka ordered the bank to 600 thousand taka to a man runover and killed by a staff bus of the bank in 1996. [18] In 2016, Rupali Bank's top loan defaulter was AHZ Agro. [19] 10 branches of the bank made a loss in 2016. [20]