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Mutual funds P A IDLC Finance Limited: Financials Specialty finance Dhaka: 1985 Loans, deposits, commercial financials P A IDLC Investments Limited: Financials Specialty finance Dhaka: 2010 Merchant bank P A IDLC Securities Limited: Financials Specialty finance Dhaka: 2006 Stock Broker P A IFIC Bank: Financials Banks Dhaka: 1976 Private ...
1. Agrani Insurance Company Ltd. 2. Thief Insurance Ltd. 3. Asia Pacific Gen Insurance Co. Ltd. 4. Bangladesh Co-operatives Ins. Ltd. 5. Bangladesh General Insurance ...
The Parliament of Bangladesh on 3 March 2010 has passed two insurance laws in a bid to further strengthen the regulatory framework for the insurance industry. The new laws came into effect on 18 March 2010, are the Insurance Act 2010 and IDRA Act 2010.
FWD Group also purchased HSBC’s stake in a Malaysian insurance joint venture in 2018, [19] acquiring 49% of HSBC Amanah Takaful (Malaysia), [16] now renamed FWD Takaful (Malaysia). [21] In June 2019, FWD Group purchased MetLife's business in Hong Kong [7] [14] reportedly for around $400 million. [10]
Takaful (Arabic: التكافل, sometimes translated as "solidarity" or mutual guarantee) [1] is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia-compliant alternative to conventional insurance, which contains riba (usury) and gharar (excessive uncertainty).
Grameen Mutual Fund One is a team-managed all-weather closed-end balanced mutual fund enlisted at Dhaka and Chittagong Stock Exchanges. Grameen Fund is the sponsor and trustee of the fund, while Standard Chartered Bank is the custodian and Asset & Investment Management Services of Bangladesh Limited (AIMS) is the asset manager. [19]
Commencement of management of Equity and Entrepreneurship Fund (EEF) 1 June 2009 37 Launching of Tk. 50 Billion Bangladesh Fund 5 May 2011 38 Finalization ICB's Building Design 12 April 2012 39 New Centre for In-House Training 28 June 2013 40 The Investment Corporation of Bangladesh-2014, Act Passed on parliament: July 2014
Bangladesh Infrastructure Finance Fund Limited was established in 2011 with the Ministry of Finance being a shareholder. [1] It was created with the aim to invest in large infrastructure projects like power plants, roads, ports, etc. [4] On 11 March 2011, the company was incorporated with a paid up capital of 16 billion taka and obtained its license on 16 October from Bangladesh Bank.