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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 ...
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.
The agency is controlled by 12 member-governing body which has representatives from the government, Bangladesh Bank, Bangladesh Securities and Exchange Commission, Federation of Bangladesh Chambers of Commerce & Industries, professional accountants association and academia.
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.
In 2013, Bangladesh Bank launched an investigation into an allegations against Bank's then vice chairman Bazlul Haque Haroon. [15] A client of the bank, Khalilur Rahman, claimed that bank's then vice chairman BH Haroon, stole Tk 134 crore from his account in 2008 in collusion with some bank officials. Khalilur, got a Tk 203 crore work order for ...
Major General Aziz Ahmed was the first chairman of the Bank and he was replaced by Major General Abul Hossain on 2 November 2016. [11] In 2020, Shimanto Bank had 12.09 billion taka in deposits. [12] In August 2021, Bangladesh Bank issued a show cause notice to Shimanto Bank PLC and nine other banks for having a low interest rate on their ...
Bangladesh Finance and Investment Company Limited, also known as BD Finance or Bangladesh Finance Limited, is a non-bank financial institution in Bangladesh. [ 1 ] [ 2 ] Manwar Hossain is the chairman Bangladesh Finance and Investment Company Limited and Md Kyser Hamid is the CEO and managing director.
After Shirin retired, she joined the Karmasangsthan Bank in December 2021. [22] Bangladesh Krishi Bank asked for deposits from State owned enterprises. [23] In June 2022, it had the highest capital shortfall in Bangladesh with 128.77 billion taka. [24] It received an appreciation letter for distributing loans from the Bangladesh Bank. [25]