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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 ...
Prime Bank is the title sponsor of the 2013 edition of Bangladesh Premier League cricket tournament. [12] They are also the owners of Prime Bank Cricket Club . In July 2014, Anti-Corruption Commission sued eleven staff of the bank who had embezzled 926.5 million taka from customers using forged papers.
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 bank provides products and services in retail banking, corporate finance, SME Banking, women banking, digital banking, asset management, equity brokerage, and security. It has 133 branches. [ 1 ] The bank is a licensee to issue Visa and MasterCard Debit and Credit Cards and it is the sole licensee of American Express Cards in Bangladesh.
Bangladesh Development Bank PLC (BDBL) operates its banking operations online. With the aim of achieving excellence in this new era of technological advancement, BDBL has successfully launched Mobile App, Internet Banking,Walk-in customer fund Transfer system, online account opening,appropriate network solutions, 24/7 ATM services and various ...
In recent times, private banks are trying to imitate the banking structure of the more developed countries, but this attempt is often foiled by inexpert or politically motivated government policies executed by the central bank of Bangladesh, Bangladesh Bank. The outcome is a banking system fostering corruption and illegal monetary activities ...
The Bank opened a merchant banking wing in 2009. [8] In 2020, the consolidated net profit for the bank was 650 million taka. [9] On 2 August 2022, Trust Bank held its the 23rd Annual General Meeting online chaired by the vice-chairman of the bank, Major General Md Moshfequr Rahman. [10] The meeting approved a 22.5 dividend for the year. [10]
In a move that Standard Chartered said transformed it into the largest foreign bank in Bangladesh, it acquired Grindlays Bank from ANZ in August 2000. [3] In doing so, it gained an operational history in the country dating back to 1905. [2] In 2005, Standard Chartered bought out the Bangladesh banking operations of American Express. [4]
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