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Bangladesh Commerce Bank Limited was incorporated on 1 June 1998. [2] S Alam Group is an investor in the bank. [3] In August 2004, Bangladesh Bank placed in a watchlist of "problem banks". [4] The bank donated to Prime Minister Khaleda Zia's relief fund. [5] Md Enayet Ullah was appointed managing director of the bank. [6] A branch of the bank ...
In September 2007, Bangladesh Bank warned One Bank Limited for hiring a former managing director of the bank as a consultant violating banking rules. [9] In April 2008, One Bank Limited decided to increase its authorised capital to five billion BDT following instructions from Bangladesh Bank to all banks to increase their authorised capital. [10]
Bangladesh Association of Banks was established in 1993 by nine private banks. The founding members were Al Baraka Bank Pakistan, AB Bank, The City Bank, IFIC Bank, National Bank Limited, United Commercial Bank Ltd, and Uttara Bank Limited. The first meeting was held on 12 December 1993 at the Hotel Sheraton (currently the InterContinental Dhaka).
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]
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] The trust owns the Radisson Hotel in Dhaka and Chittagong. [9]
The Westin Dhaka is a 5-star hotel under the international hotel chain Westin Hotels & Resorts located at Gulshan Avenue in Dhaka. It is located at Plot-01, Road-45, Gulshan-2, Dhaka-1212, Bangladesh. [3] [4] [5] At 86 m (282 ft), it is the tallest completed hotel in Bangladesh, and one of the tallest hotels in South Asia. It has 26 floors and ...
Hilton Dhaka is a Hilton [3] brand hotel located at Gulshan Avenue in Dhaka, Bangladesh. The building is topped off, and the hotel is expected to open by 2025. [4] At the estimated height of 108 metres, it will be one of the tallest buildings in Dhaka, and the tallest hotel building in Bangladesh. The building has 34 floors, including a 5-floor ...
The newly independent government immediately designated the Dhaka branch of the State Bank of Pakistan as the central bank and renamed it the Bangladesh Bank. [9] The bank was responsible for regulating currency, controlling credit and monetary policy, and administering exchange control and the official foreign exchange reserves. [9]