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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 ...
On 26 January 2013, Bangladesh Bank issued a ৳ 25 note to commemorate the 25th anniversary (silver jubilee) of the Security Printing Corporation (Bangladesh) Ltd. On the front is the National Martyr's Monument in Savar, the designs of the previous series of the Bangladeshi taka notes and its postage stamps, three spotted deer and the magpie ...
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.
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In February 2005, the chairman of the bank, Abu Zafar Chowdhury, defended the bank from Bangladesh Bank which questioned the use of bank in the name of Dhaka Mercantile Co-Operative Bank Limited. [6] On 11 July 2007, Group Captain Abu Zafar Chowdhury was re-elected chairman of Dhaka Mercantile Co-Operative Bank Limited. [7]
In June, the Bank had 19.54 billion BDT in bad loans accounting for 9.63 per cent of all loans of the bank. [20] In November, Bangladesh Bank appointed Md Shazzad Hossoin, an official of Bangladesh Bank, to one bank as an observer. [20] One Bank reduced their CEO pay following decline in profit in 2021. [21]
In September 2010, Al-Arafah Islami Bank PLC. issued shares to raise funds to meet the requirements of Basel II. [9] A security officer of Al-Arafah Islami Bank PLC. was killed in May 2015 during a bank robbery attempt in Chittagong. [10] The Bank signed an agreement with Islamic Development Bank, based in Saudi Arabia, for investment. [11]
Palli Sanchay Bank had 34.45 billion taka in 2021 which was a decrease of 2.74 billion taka from 37.19 billion taka in 2020. [11] It has deposited 3.04 billion taka with the Bangladesh Commerce Bank Limited. [11] An audit by Bangladesh Bank found evidence of loan forgery and embezzlement. [11]