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Basic Bank fired its managing director, Kazi Faqurul Islam, in 2015 over financial irregularities at the bank following an investigation by Bangladesh Bank. BASIC Bank Limited is one of seven state owned banks in Bangladesh. In 2016 the finance minister in a statement described the state of the bank as weak due to graft by top officials of the ...
BRAC Bank PLC. BRAC Bank PLC [3] is a private commercial bank in Bangladesh, founded in 2001. The bank is a subsidiary of BRAC, a leading development organization in the country. BRAC Bank is known for its focus on small and medium-sized enterprises (SMEs ). [4] The bank has a network of over 187 branches, 457 SME unit offices, and over 329 ...
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 ...
Uttara Bank PLC. (UBPLC) was established in 1965 with the head office located at Motijheel in Dhaka, East Pakistan as a scheduled bank of the Eastern Banking Corporation. [4] After the Independence of Bangladesh following the Bangladesh Liberation War, the bank was nationalized under Bangladesh Banks (Nationalisation) Order 1972 and renamed it ...
Bangladesh Bank Building in Motijheel commercial area, Dhaka. Bangladesh Bank ( Bengali: বাংলাদেশ ব্যাংক) is the central bank of Bangladesh and is a member of the Asian Clearing Union. It is fully owned by the Government of Bangladesh . The bank is active in developing green banking [4] and financial inclusion policy ...
Eastern Bank PLC. ( Bengali: ইস্টার্ন ব্যাংক পিএলসি) is a private commercial bank headquartered in Dhaka, Bangladesh. [1] [2] [3] It was established on August 8, 1992, as a public limited company with limited liability under the Bank Companies Act of 1991. Its share are listed in the Dhaka Stock Exchange ...
Prime Bank PLC. is a public limited commercial bank in Bangladesh with its headquarters in Dhaka. With 146 branches and 170 ATM the bank has operation in corporate, consumer, MSME and sustainable banking. Tanjil Chowdhury, managing director of East Coast Group, is chairman of Prime Bank.
Banking in Bangladesh. Bangladesh is a developing country with an impoverished banking system, particularly in terms of the services and customer care provided by the government run banks. In recent times, private banks are trying to imitate the banking structure of the more developed countries, but this attempt is often foiled by inexpert or ...