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The association also provides small loans to its members. [6] Palli Sanchay Bank was established in 2014 with 49 percent of the shares owned by members of the Ektee Bari Ektee Khamar project and the rest by the Government of Bangladesh. [7] In 2017, the project failed to meet its target loans.
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-branches around the ...
S. Alam Group bought 50 per cent of the shares of Social Islami Bank Limited through 19 subsidiaries violating the Banking Company Act, 1991 in the process in 2017 achieving a hostile takeover. [1] The same year the company took over Islami Bank Bangladesh Ltd and appointed Arastoo Khan chairman. [ 13 ]
Grameen Bank (Bengali: গ্রামীণ ব্যাংক) is a microfinance, specialized community development bank founded in Bangladesh. [5] [6] It provides small loans (known as microcredit or "grameencredit") [7] to the impoverished without requiring collateral. Grameen Bank is a statutory public authority.
City Bank PLC is a Bangladeshi private commercial bank headquartered in Dhaka. [3] The bank provides products and services in retail banking, corporate finance, SME Banking, women banking, digital banking, asset management, equity brokerage, and security.
In November 2008, Trust Bank denied allegations by Mahmudur Rahman that its former chairman, Hasan Mashhud Chowdhury, was involved with laundering money from the bank in 2002. [6] Trust Bank announced 10 per cent dividends in 2008 at the 9th annual general meeting of the bank. [7] The Bank opened a merchant banking wing in 2009. [8]
Al-Arafah Islami Bank PLC. is a shariah compliant bank in Bangladesh founded on 27 September 1995. A shariah council of the bank is responsible for ensuring the bank activities meet shariah requirements. The headquarters are located in Motijheel, Dhaka. [5] [6]
The Bangladesh Today is a daily newspaper in Bangladesh, published from Dhaka in English language. [1] It started on 26 January 2002. The current circulation of this newspaper is 22,500.