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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.
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.
A.D. 1202 o Islamization of Bengal, 1202-1757 o European Colonization, 1757-1857 + Early Settlements + The British Raj o The Uprising of 1857 + A Great Divide in South Asian History + Reappraisal of British Policy o The Nationalist Movement and the Rise of Muslim Consciousness, 1857-1947 + The Division of Bengal, 1905-12 + Development of the ...
Although the bank was largely a private bank, it enjoyed patronage from the then government of India, the East India Company. [2] The bank was staffed by mostly British nationals who were drawn mainly from the East India Company. [2] The bank had most of its offices and branches in East Bengal, which is present day Bangladesh. [2]
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On 7 March 2019, Bangladesh Bank released new ৳100 notes, which had the same design as 2011 Version, but had better security, a stronger Blue and were made of a different material. On 15 December 2019, Bangladesh Bank issued new ৳50 banknotes, with the same design as the 2011 version, but had a different colour (orange, brown and ...
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Grameen Bank (Bengali: গ্রামীণ ব্যাংক) is a microfinance, specialized community development bank founded in Bangladesh. [5] [6] It provides small loans (known as microcredit or "grameencredit") [7] to the impoverished without requiring collateral. Grameen Bank is a statutory public authority.