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It houses the headquarters of Bangladesh Bank. The building is one of the earliest high-rises in the city. Built in 1985, it was the tallest building in Bangladesh for 27 years, until 2012, when City Centre Dhaka Topped-out at 171 metres (561 ft). Currently, the bank building is the fourth tallest building in Bangladesh. [2]
The busbar's material composition and cross-sectional size determine the maximum current it can safely carry. Busbars can have a cross-sectional area of as little as 10 square millimetres (0.016 sq in), but electrical substations may use metal tubes 50 millimetres (2.0 in) in diameter or more as busbars.
Enclosure comparison with normal wiring & with busbar system. Electrical busbar systems [1] (sometimes simply referred to as busbar systems) are a modular approach to electrical wiring, where instead of a standard cable wiring to every single electrical device, the electrical devices are mounted onto an adapter which is directly fitted to a current carrying busbar.
City Bank PLC opened its first branch in the B. B. Avenue Branch in Dhaka. In 1986, City Bank PLC was listed on the Dhaka Stock Exchange and in 1995, it was listed on Chittagong Stock Exchange. [11] [12] On its 25th anniversary in 2008, City Bank PLC revamped its image and services. This includes the launch of a new logo, launched American Express.
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.
ICB Islamic Bank was established in 1987 and started operations on 20 May 1987 as Al-Baraka Bank. [5] [6] The bank listed on Dhaka Stock Exchange in 1990. [7]By 1994, the bank ran into financial troubles. [6]
BASIC Bank Limited was established on 2 August 1988 began operations from 21 January 1989. [3] It was owned by BCC Foundation, which owned 70 percent of the shares, and the government of Bangladesh, which owned the remaining 30 percent of the shares. [3]
On 23 May 2018, Bangladesh Police Welfare Trust applied for a license from Bangladesh Bank to open a bank named Community Bank Bangladesh Limited. The trust is owned by Bangladesh Police. Bangladesh Bank approved the license application of the Bank in October 2018. [6] The Bank was officially listed on 4 November 2018. [7]