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In October 2018, Transsion Bangladesh Limited, a Bangladeshi subsidiary of Transsion Holdings, started producing smartphones in their new manufacturing factory in Bangladesh. Transsion started producing smartphones by assembling components and gradually shifted to full-fledged manufacturing of the phones labeled "Made in Bangladesh". [13]
Bangladesh Finance and Investment Company Limited was established in 1999. [5] It is a subsidiary of Anwar Group. [6] It was incorporated on 10 May 1999 received its license on 22 December 1999. [7] [8] Anwar Hossain was the founding chairman of Bangladesh Finance and Investment Company Limited. [9]
Mohammadi Group established Alamin Sea-Trans Limited, Loyal Shipping Limited, Ben Loyd Shipping Line Limited, and Mohammadi Sea Ways Limited to enter the shipping industry. [3] Seraj-Ud-Dowla was a founding director of Islami Bank Bangladesh Limited. [3] He served as a director of Al-Arafah Islami Bank Limited. [3]
Bangladesh Bank provided a letter of intent to Bengal Commercial Bank Limited in February 2019 along with two other banks, Community Bank Bangladesh and Citizens Bank PLC. [3] [4] Bengal Commercial Bank Limited was established on 23 February 2020 by the Bengal Group of Industries. [5] [6] The Bank was originally called Bengal Bank. [6]
The powerplant of Octavius Steel and Company of Bangladesh Limited in Dhaka was nationalized in the 1950s. [7] In 1985, Duncan Brothers established United Insurance Limited. [2] In 1989, United Leasing Company Limited was established. [8] In the 1980s, ASMO Subhan (Abu Syed Mohammad Obaidus Subhan) joined the company as chief executive. [9]
In February 2020, Bangladesh Bank approved the request for Bengal Bank Limited with a paid up capital of 5 billion taka. [ 6 ] [ 5 ] Shikha Bhaban ( Directorate Of Secondary & Higher Education ), one of the government buildings where Bengal is setting up a solar plant on the roof.