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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.
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.
BASIC Bank Limited is one of seven state owned banks in Bangladesh. [9] In 2016 the finance minister in a statement described the state of the bank as weak due to graft by top officials of the bank and would require some time for improvement. [10] Sonali Bank UK Ltd and other international banks had censured Basic bank over irregularities. [11]
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Algeria formally presented a request to join after the Algerian president visit to China in 2023, and was admitted as a member in 2024. [37] Algeria officially has been given membership status of the BRICS New Development Bank (NDB) in September 2024. [38] Potential or prospective members include Colombia, Honduras, and Zimbabwe. [39] [40] [41]
The bank grew significantly between 2003 and 2007. As of January 2022, the total borrowers of the bank number nearly 9.5 million, and 96.81% of those are women. [8] In 1998, the Bank's "Low-cost Housing Program" won a World Habitat Award. In 2006, the bank and its founder, Muhammad Yunus, were jointly awarded the Nobel Peace Prize. [9]
The International Finance Investment and Commerce Bank PLC. commonly known as IFIC Bank is a first generation Bangladeshi private commercial bank. [1] [2] [3] IFIC Bank PLC is a banking company incorporated in the People's Republic of Bangladesh with limited liability. It was set up at the instance of the Government in 1976 as a joint venture ...
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