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It was renamed to Ministry of Food & Relief and then renamed again as the Ministry of Food & Disaster Management. In 2012, the government of Bangladesh reorganized it as the Ministry of Food and another separate ministry was created called the Ministry of Disaster Management. [2]
The Directorate General of Food is a department of the government of Bangladesh, and is located in Dhaka. [1] It is responsible for the overall management of food supply in Bangladesh. [ 2 ] [ 3 ] [ 4 ]
The latest is the 51th branch of BDBL in Chitalmari Branch, Bagerhat. The bank's new branch, Amin Tower, 1st Floor, Upozilla Road, Chitalmari, Bagerhat, the 51th branch of Bangladesh Development Bank PLC (BDBL), was inaugurated in Chitalmari, Bagerhat on 16-01-2025.[1] Bangladesh Development Bank PLC (BDBL) operates its banking operations online.
BASIC Bank Limited is one of seven state owned banks in Bangladesh. [9] In 2016 the finance minister in a statement described the state of the bank as weak due to graft by top officials of the bank and would require some time for improvement. [10] Sonali Bank UK Ltd and other international banks had censured Basic bank over irregularities. [11]
The Government agencies in Bangladesh are state controlled organizations that act independently to carry out the policies of the Government of Bangladesh. The Government Ministries are relatively small and merely policy-making organizations, allowed to control agencies by policy decisions.
After the Independence of Bangladesh in 1971, the government of Bangladesh created the Directorate of National Savings which absorbed the functions of the National Savings Institute. In 2014 the Directorate of National Savings was upgraded to a full department.
Bangladesh has eight Islamic banks, while several non-Islamic banks offer Islamic-banking services alongside their normal operations. [12] As of 2017, Islamic banking, led by Islami Bank Bangladesh Ltd, controls 20% of deposits in Bangladesh. [12] Bangladesh operates the world's biggest Islamic microfinance scheme. [12]
Bangladesh Saving Certificates- This five year saving scheme provides return of around 12.2% at maturity with varying degree of returns for premature withdrawal depending on the duration of investment. Maximum allowable investment in this scheme is capped to Tk 30,00,000/- for individual investors and Tk 60,00,000/- for joint investors. [2]