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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 ...
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.
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.
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]
By the end of 2021, the bank's coverage expanded to 81,678 villages out of the country's total 87,223, for a national coverage rate of around 94%. [8] As of the end of 2021, cumulative loan disbursements since inception reached in excess of 2.5 trillion taka (US$33.767 billion), [8] and the bank claims a loan recovery rate of around 95%. [47]
2023-2024 Mohammed Shahabuddin: Twelfth Jatiyo Sangsad [27] 2024-2024 Mohammed Shahabuddin: Sheikh Hasina: Hasina V: Parliamentary: AL: 2024: 271/350 Interim Government rule [28] [29] 2024- Mohammad Shahabuddin: Mohammad Yunus: Yunus: Interim: Impartial: None —
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 unit was founded as the Anti-Money Laundering Department of Bangladesh Bank in June 2002. The name of the department was changed to Bangladesh Financial Intelligence Unit on 25 January 2012 through the Money Laundering Prevention Act, 2012. [5] Asia/Pacific Group on Money Laundering recommended the government to form the unit. [6]