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The Chittagong Stock Exchange (Bengali: চট্টগ্রাম স্টক এক্সচেঞ্জ) is a stock exchange based in the port city Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the Dhaka Stock Exchange.
The government has appointed Professor Shibli Rubayat Ul Islam, who teaches banking and insurance at Dhaka University, as the chairman of Bangladesh Securities and Exchange Commission, reports bdnews24.com. The following organisations are currently holding positions in DSE Board: Bangladesh Bank; ICB – Investment Corporation of Bangladesh
Bangladesh Bank removed Nazrul Islam Majumdar from the post of director and chairman of Exim Bank after the change of government on 05-AUG-2024. As a result, he lost the chairmanship of BAB Association's meeting held on 09-SEP-2024 at 11:30am, Mr. Abdul Hai Sarker, chairman of the Dhaka Bank Limited has unanimously elected as Chairman of the ...
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.
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 a move that Standard Chartered said transformed it into the largest foreign bank in Bangladesh, it acquired Grindlays Bank from ANZ in August 2000. [3] In doing so, it gained an operational history in the country dating back to 1905. [2] In 2005, Standard Chartered bought out the Bangladesh banking operations of American Express. [4]
The bonds are implicitly subsidised, as they are guaranteed by the Government of Bangladesh, and still they are sold above the bank rate. [22] In 2013, Bangladesh parliament passed 'Grameen Bank Act,' which replaces the Grameen Bank Ordinance, 1983, authorising the government to make rules for any aspect of the running of the bank. [1]
The president of Chittagong Stock Exchange, Fakhor Uddin Ali Ahmed, asked Central Depository Bangladesh Limited to reduce their fees to increase the confidence of stock market investors in September 2011. [12] Bangladesh Bank ordered the Central Depository Bangladesh Limited to examine accounts held by depository participants in November 2014. [13]