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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]
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 exports in Germany in 2006 amounted to €1.56 billion as compared with Bangladesh imports in the same period of only €305 million. About 94% of the exports from Bangladesh to Germany are RMGs and Bangladesh imports mainly comprising machinery, chemical and electrical goods, and medicines.
Vanik Bangladesh was later renamed to LankaBangla Finance Limited with Mohammad A Moyeen as its chairman. [8] It was established by Vanik Incorporation Limited of Sri Lanka with Bangladesh partners. [8] Sampath Bank and Chinkara Capital (Singapore) Pte Ltd were partners in the venture as well. [8] In September 2007, Bangladesh Bank warned One ...
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 Premier Bank PLC. is a private commercial bank with its registered office in Banani, Dhaka, Bangladesh. [ 7 ] [ 8 ] H. B. M. Iqbal is the Chairman [ 9 ] Mohammad Abu Jafar has taken up the role of managing director and CEO of Premier Bank with effect from 24 April 2024.
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.
Union Bank PLC was established on 7 March 2013 as a sharia-compliant bank. [4] It signed an agreement to use products of Millennium Information Solution . [5] On 8 January 2017, Islami Bank Bangladesh Ltd appointed Md Abdul Hamid Miah, former managing director of Union Bank, as managing director. [6]