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Australian Oil and Gas company Santos is a major investor in Bangladesh's natural resources sector. [2] In 2014 trade between the two countries crossed AUD 1 billion mark, of which 450 million came from Bangladesh's exports to Australia. Australia enjoying a surplus of AUD 160 million dollar on trade. [3]
Mining in Australia has long been a significant primary sector industry and contributor to the Australian economy by providing export income, royalty payments and employment. Historically, mining booms have also encouraged population growth via immigration to Australia , particularly the gold rushes of the 1850s.
With the decision of the Government, Bangladesh Development Bank Limited. (BDBL) was incorporated on 16 November 2009 as a Public Company Limited by shares under the Companies Act, 1994 by the amalgamation of former Bangladesh Shilpa Bank (BSB) and Bangladesh Shilpa Rin Sangstha (BSRS), two Development Financial Institutions (DFIs) in the public sector.
Australia and Bangladesh on Tuesday said that the two countries would work to expand trade and cooperation on areas including security and the Rohingya refugee crisis. The statements came as ...
It was the issue manager of 1.1 billion BDT bonds of Bank Asia as approved by Bangladesh Securities and Exchange Commission. [17] It worked with World Bank to finance Hybrid Hoffman Kilns in Bangladesh. [18] [19] Bangladesh Bank fined Industrial and Infrastructure Development Finance Company Limited in 2022 relocating the Uttara branch without ...
On 7 April 1972, after the Bangladesh Liberation War and the eventual independence of Bangladesh, the Government of Bangladesh passed the Bangladesh Bank Order, (P.O. No. 127 of 1972), reorganising the Dhaka branch of the State Bank of Pakistan as Bangladesh Bank, the country's central bank and apex regulatory body for the country's monetary and financial system.
In 2016, the Bangladesh Bank confirmed the unit has been made autonomous. [7] In September 2021, the Bangladesh Financial Intelligence Unit sent letters to banks requesting the bank details of 11 elected journalist leaders from Bangladesh Federal Union of Journalists, Dhaka Reporters Unity, Dhaka Union of Journalists, and the National Press Club.
On 14 November 2007 Bangladesh bank approved the name change to AB Bank from Arab Bangladesh Bank. [5] AB Bank Limited able to show a substantial improvement during the calendar year 2019 because of the efforts of its board of directors and management and placed in the "B" category on the stock market upgraded from "Z" category. [6]