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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. [2]
Department of National Savings traces its origins to the National Savings Institute which was founded in 1944 under the Ministry of Finance (India). It was headquartered in Simla, British India. After the Partition of India the National Savings Institute was managed by the Ministry of Finance (Pakistan). After the Independence of Bangladesh in ...
How to open a savings account for a child. In some ways, opening a savings account for a child is very similar to opening one for an adult. Tips to consider when shopping for a savings account for ...
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The Grameen Bank extended collateral-free loans to 200,000 landless people in its first 10 years. [9] Most of its customers had never dealt with formal lending institutions before. [ 9 ] The most remarkable accomplishment was the phenomenal recovery rate; amid the prevailing pattern of bad debts throughout the Bangladeshi banking system, only 4 ...
Getting married before the age of 18 is a common part of life for girls living in Bangladesh. Currently, the country has one of the highest rates of child marriage in the world. An estimated 29 ...
Bangladesh has one of the highest rates of child-marriage in the world. 66% of women (aged 20 to 24) were married before they turned 18. 13% of children are involved in child labor. Child laborers are frequently denied an education and are vulnerable to violence and abuse. Less than 80% of students enrolled in grade one complete primary school.
bKash started in 2011 as a joint venture between BRAC Bank Limited, Bangladesh, and Money in Motion LLC, United States of America. In April 2013, International Finance Corporation (IFC), a member of the World Bank Group, became an equity partner, in March 2014, Bill & Melinda Gates Foundation became an investor in the company, [10] and in April 2018 Ant Financial, the operators of Alipay (an ...