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regulate 61 scheduled & 5 non-scheduled banks, 34 Non-Banking Financial Institutions (NBFIs) Bangladesh securities and exchange commission: Stock Exchanges, Stock Dealers & Brokers, Merchants Banks, Asset Management Company (AMCs), Credit Rating Agencies etc. Insurance Development & Regulatory Authority(IDRA) 18 Life and 44 Non-Life Insurance ...
Non-bank financial institutions (NBFIs), known as financial institutions (FIs), are those types of financial institutions that are regulated under the Financial Institution Act, of 1993 and controlled by Bangladesh Bank. Now, 34 FIs operate in Bangladesh while the maiden one was established in 1981.
International Leasing and Financial Services Limited was established in 1996. [7] The institution received licence from the government of Bangladesh on 19 February 1996. [8] On 5 July 2004, Standard Bank Limited 150 million taka loan to International Leasing and Financial Services Limited. [9]
It was created by the Government of People's Republic of Bangladesh under the Microcredit Regulatory Authority Act (Act no. 32 of 2006). License from the Authority is mandatory to operate microfinance operation in Bangladesh as an NGO. On September 28, 2012 at the Alliance for Financial Inclusion's Global Policy Forum 2012, the bank made a ...
Infrastructure Development Company Limited was established on 14 May 1997 by the Government of Bangladesh. [2] [4] It also finances organizations who distribute solar panels in Bangladesh. [5] The company was licensed by the Bangladesh Bank as a non-bank financial institution on 5 January 1998.
The Financial Institutions Division (Bengali: আর্থিক প্রতিষ্ঠান বিভাগ) is a Bangladesh government division under the Ministry of Finance responsible for managing all state owned banks, financial institutions, and stock exchanges. [1] [2] Md. Sheikh Mohammad Salim Ullah is the head of the division. [3]
Bangladesh Infrastructure Finance Fund Limited was established in 2011 with the Ministry of Finance being a shareholder. [1] It was created with the aim to invest in large infrastructure projects like power plants, roads, ports, etc. [4] On 11 March 2011, the company was incorporated with a paid up capital of 16 billion taka and obtained its license on 16 October from Bangladesh Bank.
Bangladesh Finance and Investment Company Limited, also known as BD Finance or Bangladesh Finance Limited, is a non-bank financial institution in Bangladesh. [1] [2] Manwar Hossain is the chairman Bangladesh Finance and Investment Company Limited and Md Kyser Hamid is the CEO and managing director. [3]