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The bank was founded in 1998 by the Awami League government, [5] with an approved capital of 3 billion taka. [1] The Karmasangsthan Bank was established as per Karmasangsthan Bank Act No.7 of 1998. [1] The bank was founded to increase income of people in rural areas of Bangladesh. [6]
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 ...
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.
The Daily Star reported on 17 April 2013 that Rajshahi Krishi Unnayan bank officials were taking bribes to give loans to farmers. [19] Bangladesh Bank set six conditions for Rajshahi Krishi Unnayan Bank to open new branches in January 2014 including 80 per cent of existing branches must be profitable. [20] Its defaulted loans dropped in 2014. [21]
Bangladesh Krishi Bank; Bangladesh Samabaya Bank Limited; Bank Asia PLC; Template:Banks in Bangladesh ... Text is available under the Creative Commons Attribution ...
[8] [9] In 2009, it had 952 branches which is the highest number of branches for banks in Bangladesh. [10] The bank was asked to stop providing loans to non-agricultural purposes. [11] The Bank provided 19.26 billion taka loans for non-agricultural purposes from 2010 to 2013. [11] In December 2014, four Bangladesh Krishi Bank officials have ...
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]
In 1999, the Bangladesh Army Welfare Trust established Trust bank limited. [5] In 2001, the bank introduced automated branch banking system. In 2005, the bank introduced ATM services for its customers. In January 2007, Trust Bank launched online banking services. [2] Customers can now deposit or withdraw money from any branch of Trust Bank ...