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Trust Bank announced 10 per cent dividends in 2008 at the 9th annual general meeting of the bank. [7] The Bank opened a merchant banking wing in 2009. [8] In 2020, the consolidated net profit for the bank was 650 million taka. [9] On 2 August 2022, Trust Bank held its the 23rd Annual General Meeting online chaired by the vice-chairman of the ...
In April 2007, Bangladesh Bank found evidence that Nurunnabi, a Chittagong businessman had embezzled 6.28 billion BDT from 10 banks using false documents under 32 company names. [7] It included one billion BDT from Mutual Trust Bank branch in Khatunganj. [7] In 2009, Anis A Khan was appointed managing director of Mutual Trust Bank Limited. [8]
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 ...
The trust was founded to look after the interests and welfare of retired military personnel. The organizations under the trust include hotels, golf clubs, filling stations, Trust Bank Limited and shopping complex. [6] In 2009, the trust provided 40 percent of the funding for Dhaka Metro Rail. [7] The trust started a bus service in 2014. [8]
A number of Calcutta-based banks followed, none which survived beyond the middle of the 19th century: General Bank of Bengal and Bihar (1733–75); Bengal Bank (1784–91) (no relation to the later Bank of Bengal); General Bank, later General Bank of India (1786–91); The Commercial Bank (1819); The Calcutta Bank (1824); The Union Bank (1828 ...
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]
DGFI has been involved in money laundering and corrupt practices through military-controlled Trust bank and VDP banks. [28] In 2012, Defense Adviser Major General (retired) Tarique Ahmed Siddique was involved in bribery of 70 lakh Bangladeshi currency carried by a government vehicle. [29] The Border Guard Bangladesh confiscated the car with the ...
Grameen Bank Building in Dhaka. Grameen Bank is known for its system of solidarity lending. [10] The bank incorporates a set of values embodied in Bangladesh, by the Sixteen Decisions (updated to Eighteen Decisions in 2023). [29] At every branch of Grameen Bank, the borrowers recite these Decisions, and vow to follow them.