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BASIC Bank Limited was established on 2 August 1988 began operations from 21 January 1989. [3] It was owned by BCC Foundation, which owned 70 percent of the shares, and the government of Bangladesh, which owned the remaining 30 percent of the shares. [3]
Bangladesh Bank Building in Motijheel commercial area, Dhaka. Bangladesh Bank (Bengali: বাংলাদেশ ব্যাংক) is the central bank of Bangladesh and is a member of the Asian Clearing Union. It is fully owned by the Government of Bangladesh. The bank is active in developing green banking.
An investigation by Bangladesh Bank found financial irregularities took place from 2002 to 2014. [8] It has found the chairman and four members of the board of directors had embezzled money from the institute through fraudulent loans. [8] The Anti Corruption Commission arrested Khabir Uddin Miah, one of the directors, on those allegations.
Bangladesh Finance and Investment Company Limited, also known as BD Finance or Bangladesh Finance Limited, is a non-bank financial institution in Bangladesh. [ 1 ] [ 2 ] Manwar Hossain is the chairman Bangladesh Finance and Investment Company Limited and Md Kyser Hamid is the CEO and managing director.
Bank statement loans are one way for people — like self-employed individuals or gig workers — to borrow money, but there are other mortgage loan options. Unlike bank statement loans, these ...
In February 2005, the chairman of the bank, Abu Zafar Chowdhury, defended the bank from Bangladesh Bank which questioned the use of bank in the name of Dhaka Mercantile Co-Operative Bank Limited. [6] On 11 July 2007, Group Captain Abu Zafar Chowdhury was re-elected chairman of Dhaka Mercantile Co-Operative Bank Limited. [7]
Bangladesh Electronic Fund Transfer Network (BEFTN) is a Bangladeshi electronic fund transfer network between banks within Bangladesh. [1] Its main purpose is to transfer funds between bank accounts. [2] The network can settle debit and credits. Salary, bill, dividend, interest could be paid through the system.
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.