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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 ...
NCC Bank was founded in 1985 as an investment company in the name of NCL (National Credit Limited). [1] It became a scheduled commercial bank after receiving permission from the central bank in 1993 and started with a paid up capital of Tk. 390 million. [1]
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 ...
The Bangladesh Bank robbery, also known colloquially as the Bangladesh Bank cyber heist, 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 ...
Islami Bank Bangladesh PLC. (IBBPLC.) ( Bengali: ইসলামী ব্যাংক বাংলাদেশ পিএলসি) is an Islamic banking company based in Bangladesh. It became incorporated on 13 March 1983 as a public limited company under the Companies Act 1913 and started operation on 30 March, the same year. [7]
The Institute of Bankers, Bangladesh ( IBB) is the national professional banking body of banks and nonbank financial institutions (NBFIs) in Bangladesh solely in terms of conducting Banking Professional Examination (BPE) which is mandatory for all professionals (Banks/ NBFIs) for job promotion. It is managed as an autonomous professional body ...
Grameen Bank ( Bengali: গ্রামীণ ব্যাংক) is a microfinance specialized community development bank founded in Bangladesh. [4] [5] It makes small loans (known as microcredit or "grameencredit") [6] to the impoverished without requiring collateral. Grameen Bank is jointly operated by its borrower members and the government.
Investment Corporation of Bangladesh ( ICB) ( Bengali: বাংলাদেশ বিনিয়োগ সংস্থা) is a statutory corporation of Government of the People's Republic of Bangladesh, established on 1 October 1976 under No. 40 of Investment Corporation of Bangladesh Ordinance, 1976. It is mainly an investment bank ...