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The High Commissioner of Bangladesh to Pakistan is the top diplomatic representative of Bangladesh to Pakistan. The High Commissioner heads the Bangladeshi High Commission in Islamabad . [ 1 ] The post was created on 3 January 1976, shortly after Pakistan and Bangladesh established diplomatic relations .
In 2014, Bangladesh Bank rescheduled the payment plan of ICB Islamic Bank to the depositors' of Oriental Bank. [8] By 2018, ICB Islamic Bank had failed to return 4.44 billion taka to the depositors' of Oriental Bank, a condition set by Bangladesh bank, and sought a change in the repayment plan from the central bank. [6]
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.
The Premier Bank PLC. is a private commercial bank with its registered office in Banani, Dhaka, Bangladesh. [ 7 ] [ 8 ] H. B. M. Iqbal is the Chairman [ 9 ] Mohammad Abu Jafar has taken up the role of managing director and CEO of Premier Bank with effect from 24 April 2024.
Bangladesh Bank appointed an observer to the bank and began an investigation into irregular loans worth 72.46 billion BDT. [ 28 ] [ 29 ] In December, Justices Md Nazrul Islam Talukder and Khizir Hayat Lizu of the High Court Division ordered an investigation into the irregular loans at Islami Bank and sought an explanation from S. Alam Group on ...
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.
Offshore Banking Operation (OBO) was first introduced by Bangladesh Bank in 1985 through a circular for allowing active foreign financing at Export Processing Zones (EPZs). Banks operated the services with Bangladesh Bank approval without any separate law for an offshore banking system until the enactment of the Offshore Banking Act, 2024.
Bangladesh’s top court on Sunday scaled back a controversial quota system for government job applicants, a partial victory for student protesters after days of nationwide unrest and deadly ...