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Later, Uttara Bank was established by Eastern Bank Corporation and Muslim Commercial Bank in the post-independence era. He was appointed as the first Governor of Bangladesh Bank in 1972 after the independence of the country. Played an important role in organizing a central bank of the newly independent country.
In response to the controversial statement made by the Prime Minister of Bangladesh during a press conference, where she reportedly referred to students protesting the quota reform movement as the children of Razakars (traitors in the 1971 Independence War), students organized a midnight demonstration at the Dhaka University campus area (See ...
Other possible names for the head of government included Salahuddin Ahmed, a former governor of Bangladesh Bank, retired General Jahangir Alam Chowdhury, and lawyer Sara Hossain. [190] The nomination of Yunus, who accepted the advisory role in the interim government, has also been supported by prominent figures within the student movement. [ 191 ]
Higher residential power use has pushed Bangladesh to boost imports of thermal coal, which rose 26.6% to 6.22 million metric tons during the first seven months, data from analytics firm Kpler ...
At the time of independence the country inherited a very limited financial set-up consisting of 1130 branches of 12 commercial banks, the Dhaka Stock Exchange, several insurance companies established between 1958 and 1971, and the Samabaya (co-operative) Bank Ltd. [53] Bangladesh Bank, the central bank of the country, was established in Dhaka ...
Students in Bangladesh began a quota reform movement in early June 2024 after the Bangladesh Supreme Court invalidated the government's 2018 circular regarding job quotas in the public sector. The movement escalated into a full-fledged mass uprising after the government carried out mass killings of protesters, known as July massacre , by the ...
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.
The head of America’s largest bank told an audience at the Institute of International Finance that his team is running scenarios in preparation for a global conflict involving nuclear powers.