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Some 30% of those highly sought-after jobs are reserved for relatives of veterans who fought in Bangladesh’s war of independence from Pakistan in 1971, a seminal moment in the nation’s history ...
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.
Offshore Banking Operation (OBO) was first introduced by Bangladesh Bank in 1985 through a circular for allowing active foreign financing at Export Processing Zones (EPZs). Banks operated the services with Bangladesh Bank approval without any separate law for an offshore banking system until the enactment of the Offshore Banking Act, 2024.
The protest began in June 2024, in response to the Supreme Court of Bangladesh reinstating a 30% quota for descendants of freedom fighters, reversing the government decision made in response to the 2018 Bangladesh quota reform movement. Students began to feel like they have a limited opportunity based on merit.
DHAKA, Bangladesh (AP) — Police and security officials in Bangladesh fired bullets and tear gas at protesters Friday and banned all gatherings in the capital as internet and mobile services were ...
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 ...
DHAKA (Reuters) -Bangladesh's chief justice and central bank governor have resigned, officials said on Saturday, as student protests that forced Prime Minister Sheikh Hasina to flee have widened ...
The Institute of Bankers was registered on the 6 February 1973 as an association under the Societies Registration Act, 1660 (Act No. XXI of 1660). [2] Before that some eminent bankers and other professionals decided, in a meeting held on 26 July 1972, to establish the institute as a professional body of banks and financial institutions in Bangladesh.