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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 ...
Media in category "Banks of Bangladesh" This category contains only the following file. M. File:Mercantile Bank Limited logo.jpg
Jamuna Bank PLC is a commercial bank in Bangladesh registered under the Companies Act 1994. Jamuna Bank had 132 branches as of March 2019 . [ 3 ] Its head office is located at Plot No. 14, Bir Uttam A. K. Khandaker Road, Block #C, Gulshan-1, Dhaka, Bangladesh.
Offshore Banking Operation (OBO) was first introduced by Bangladesh Bank in 1985 through a circular for allowing active foreign financing at Export Processing Zones (EPZs). Banks operated the services with Bangladesh Bank approval without any separate law for an offshore banking system until the enactment of the Offshore Banking Act, 2024.
Bangladesh Association of Banks was established in 1993 by nine private banks. The founding members were Al Baraka Bank Pakistan, AB Bank, The City Bank, IFIC Bank, National Bank Limited, United Commercial Bank Ltd, and Uttara Bank Limited. The first meeting was held on 12 December 1993 at the Hotel Sheraton (currently the InterContinental Dhaka).
In June, the Bank had 19.54 billion BDT in bad loans accounting for 9.63 per cent of all loans of the bank. [20] In November, Bangladesh Bank appointed Md Shazzad Hossoin, an official of Bangladesh Bank, to one bank as an observer. [20] One Bank reduced their CEO pay following decline in profit in 2021. [21]
In February 2005, the chairman of the bank, Abu Zafar Chowdhury, defended the bank from Bangladesh Bank which questioned the use of bank in the name of Dhaka Mercantile Co-Operative Bank Limited. [6] On 11 July 2007, Group Captain Abu Zafar Chowdhury was re-elected chairman of Dhaka Mercantile Co-Operative Bank Limited. [7]
Standard Chartered Bank Bangladesh has recently, as of January 2014 eased the procedure of getting International Credit Card and have come into competition by providing Visa and Master cards. While private banks like Dutch Bangla Bank Limited and BRAC Bank Limited have booths all over the country, the bank is holding limited space here though ...