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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.
Microcredit Regulatory Authority. Microcredit Regulatory Authority ( MRA) is the central body to monitor and supervise microfinance operations of non-governmental organizations of the Republic of Bangladesh. It was created by the Government of People's Republic of Bangladesh under the Microcredit Regulatory Authority Act (Act no. 32 of 2006).
SBAC Bank PLC. South Bangla Agriculture and Commerce Bank Public Limited Company (SBACBPLC) is a private commercial bank headquartered in Dhaka, Bangladesh. [1] It incorporated in 2013 as a banking company under Companies Act, 1994 and is regulated under the Banking Companies Act, 1991. [2] The bank has network of 88 branches and 25 sub ...
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 ...
As a consequence, Islami Bank Bangladesh Limited, the first shari'ah compliant bank in Bangladesh started operations on 30 March 1983. [11] It was founded by Saudi and Kuwaiti investors who provided 70 per cent of the initial capital. [6] [11] It is a public limited company registered under the Indian Companies Act of 1913. IBBL is a joint ...
ONE Bank PLC (OBPLC) ( Bengali: ওয়ান ব্যাংক) is a public limited commercial bank in Bangladesh. [2] It is in the business of taking deposits from public through various saving schemes and lending the fund in various sectors at a higher margin. A.S.M. Shahidullah Khan is chairman and Md. Monzur Mofiz is the managing ...
The Financial Reporting Council Bangladesh was established on 19 April 2016 as per Financial Reporting Act, 2015 as an independent regulatory agency. The agency is controlled by 12 member-governing body which has representatives from the government, Bangladesh Bank, Bangladesh Securities and Exchange Commission, Federation of Bangladesh ...