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Janata Bank sought to reschedule loans to Root Group which had 10.49 billion taka in defaulted loans in August 2019. [28] Jamaluddin Ahmed was appointed chairman of Janata Bank in August 2019. [29] He is a former director of Bangladesh Bank and the general secretary of the Bangladesh Economic Association. [29] He replaced Dr SM Mahfuzur Rahman ...
Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. According to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka Branch of the State Bank of Pakistan as the central bank of the country and named it Bangladesh Bank with retrospective effect from 16 ...
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Janata Bank Tower is a high-rise office building located in Dhaka, Bangladesh. It is located in Motijheel, the central business district of the metropolis. It rises to a height of 77.18 metres (253.2 ft) and has 24 floors. It houses the headquarters of Janata Bank, the premier financial institution of the country.
He was re-elected in 2017 with Dr Abul Barakat being elected president of the Bangladesh Economic Association. [6] From August 2019 to July 2020, Ahmed was the chairperson of Janata Bank. [5] On 28 July 2020, S. M. Mahfuzur Rahman was appointed chairperson of Janata Bank replacing Ahmed, who had faced allegations of graft in approving loans.
The list includes branches of banks like Agrani Bank, Janata Bank, Rupali Bank, Sonali Bank, IFIC Bank, Al-Arafah Islami Bank, Islami Bank Bangladesh, and many others that cater to the growing financial demands of the area.
In 2007, Agrani Bank, led by chairperson Siddiqur Rahman Choudhury, along with two other state owned banks, Sonali Bank Limited and Janata Bank Limited, were made into public limited companies. [ 7 ] As of 2009 [update] , the bank has 11 Circle offices, 34 Divisions in head office, 62 zonal offices and 941 branches including 27 corporate and 40 ...
The newly independent government immediately designated the Dhaka branch of the State Bank of Pakistan as the central bank and renamed it the Bangladesh Bank. [9] The bank was responsible for regulating currency, controlling credit and monetary policy, and administering exchange control and the official foreign exchange reserves. [9]