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Bangladesh Institute of Bank Management was established in 1974 to train officials of banks and financial institutions of Bangladesh. Since then, BIBM has extended its scope to include providing Masters in Bank Management (MBM) and Evening MBM (EMBM) degrees, carrying out research in banking and finance, holding seminars and round table discussions, and aiding financial institutions in their ...
This sector is mainly represented by Specialized Financial Institutions like House Building Finance Corporation (HBFC), Palli Karma Sahayak Foundation (PKSF), Samabay Bank, Grameen Bank etc., Non-governmental organizations (NGOs) and discrete government programs. The informal sector includes private intermediaries which are completely unregulated.
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.
The following is a list of solely specialized business schools that offer undergraduate, graduate, and postgraduate-level education in the field of business in Bangladesh: Army Institute of Business Administration,Sylhet (AIBA) Army Institute of Business Administration (AIBA) Bangladesh Institute of Bank Management (BIBM)
The founder-director of IBA is M. Safiullah. IBA began by launching its flagship MBA program. In the 1970s, the MPhil and PhD programs were introduced. The BBA program was started in 1993 at the institute. In 2007, the Executive MBA program was launched to cater to the growing demand for quality education among mid-career executives. [4]
Bangladesh Financial Intelligence Unit (BFIU), a department of Bangladesh Bank, is a member FIU of the Egmont Group of Financial Intelligence Units. Bangladesh Bank is the first central bank in the world to introduce a dedicated hotline (16236) for people to complain about any banking-related problem. [4]
The reform program continued in subsequent years. Bangladesh bank administered the World Bank's Financial Institutions Development Project from 2000 to 2006, which, according to Asian Development Bank, enabled "substantial progress towards sustainable financing of private sector initiatives to accelerate industrial growth in the country". [10]
The other members of the syndicate were Bangladesh Commerce Bank Limited, Dutch-Bangla Bank, NRB Global Bank Limited, Shahjalal Islami Bank, and Standard Bank Limited. [8] It had failed to offload its shares by 2010. [9] Santanu Saha was appointed managing director of Fareast Finance and Investment Limited on 29 June 2011. [10]