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The Bangladesh Bank robbery, also known colloquially as the Bangladesh Bank cyber heist, [1] was a theft that took place in February 2016. Thirty-five fraudulent instructions were issued by security hackers via the SWIFT network to illegally transfer close to US$1 billion from the Federal Reserve Bank of New York account belonging to Bangladesh ...
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.
By the mid-1990s, the bank started to get most of its funding from the central bank of Bangladesh. [23] More recently, Grameen has started bond sales as a source of finance. [ 23 ] The bonds are implicitly subsidised, as they are guaranteed by the Government of Bangladesh, and still they are sold above the bank rate. [ 23 ]
Atiur Rahman (Bengali: আতিউর রহমান; born 3 August 1951) [2] is a Bangladeshi development economist, author, and banker. He served as the 10th Governor of Bangladesh Bank, the central bank of Bangladesh.
DHAKA (Reuters) -Bangladesh's chief justice and central bank governor have resigned, officials said on Saturday, as student protests that forced Prime Minister Sheikh Hasina to flee have widened ...
The newly independent government immediately designated the Dhaka branch of the State Bank of Pakistan as the central bank and renamed it the Bangladesh Bank. [9] The bank was responsible for regulating currency, controlling credit and monetary policy, and administering exchange control and the official foreign exchange reserves. [9]
A. N. M. Hamidullah (1919-1994) born in village somospur, in Srinagar of Munshiganj (formerly Bikrampur) district was the first governor of Bangladesh Bank, the central bank of Bangladesh. He served during 1972–1974.
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 ...