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Grameen Bank (Bengali: গ্রামীণ ব্যাংক) is a microfinance specialized community development bank founded in Bangladesh. [ 4 ] [ 5 ] It provides small loans (known as microcredit or "grameencredit") [ 6 ] to the impoverished without requiring collateral .
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.
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. [ 3] and financial inclusion policy and is an important member of the Alliance for Financial ...
The Bangladeshi passport is an ICAO compliant, machine-readable and biometric e-passport issued for the purpose of travel to foreign countries by the passport holder. Bangladesh is the first country in South Asia to issue e-passports for all eligible citizens. The passport booklet is manufactured, printed and issued by the Department of ...
Bangladesh Saving Certificates- This five year saving scheme provides return of around 12.2% at maturity with varying degree of returns for premature withdrawal depending on the duration of investment. Maximum allowable investment in this scheme is capped to Tk 30,00,000/- for individual investors and Tk 60,00,000/- for joint investors.
BRAC Bank PLC [4] 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). [5] The bank has a network of over 187 branches, 457 SME unit offices, and over 329 ATMs, 10 CDMs, 68 ...
Bangladesh Bank approved the license application of the Bank in October 2018. The Bank was officially listed on 4 November 2018. [7] Finance Minister of Bangladesh, Abul Maal Abdul Muhith, criticised Bangladesh Bank for approving Community Bank Bangladesh, Citizens Bank PLC, Bengal Commercial Bank Limited , and People's Bank Limited. [8]
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 ...