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Bangladesh Finance and Investment Company Limited was established in 1999. [5] It is a subsidiary of Anwar Group. [6] It was incorporated on 10 May 1999 received its license on 22 December 1999. [7] [8] Anwar Hossain was the founding chairman of Bangladesh Finance and Investment Company Limited. [9]
ICB is one of the largest investors in share market of Bangladesh. Investing in share market, providing loans and advances, acting as manager/trustee/custodian of mutual funds are some of main activities of ICB. It's the most successful state-owned corporation of Bangladesh in terms of profitability.
The Bangladesh Investment Development Authority (BIDA) (Bengali: বাংলাদেশ বিনিয়োগ উন্নয়ন কর্তৃপক্ষ) is the apex investment promotion agency (IPA) of Bangladesh under the Chief Adviser's Office. BIDA promotes and facilitates private investment and advocates business-friendly policies.
[8] [10] He retired from Bangladesh Nationalist Party in 2016 and is an accused in the Zia Charitable Trust corruption case. [8] On 21 April 2017, a GQ Ballpen and Plastic Limited factory in Savar burned down in an electric fire. [11] In November 2018, the sponsor directors of GQ BAll pen own 41.88 percent of its shares. [4]
Bangladesh Overseas Employment and Services Limited; Bangladesh Parjatan Corporation; Bangladesh Petroleum Exploration and Production Company Limited; Bangladesh Rural Electrification Board; Bangladesh Satellite Company Limited; Bangladesh Security Printing Press; Bangladesh Shipping Corporation; Bangladesh Small and Cottage Industries Corporation
S. Alam Group bought 50 per cent of the shares of Social Islami Bank Limited through 19 subsidiaries violating the Banking Company Act, 1991 in the process in 2017 achieving a hostile takeover. [1] The same year the company took over Islami Bank Bangladesh Ltd and appointed Arastoo Khan chairman. [13]