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The bank was incorporated on 26 June 1983. The government owns shares in the bank. The bank was listed in the Dhaka Stock Exchange (DSE) by 1986 and Chittagong Stock Exchange (CSE) by 1995. [11] [14] On 8 April 1993, Humayun Zahir, the first chairman of the United Commercial Bank was murdered following a dispute with other bank directors. [15]
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 ...
The quota system serves as an affirmative action plan for marginalized groups, as well as for descendants (including grandchildren in 2010) of former soldiers. [9] From the 35th to 40th Bangladesh Civil Service exams, not enough candidates were found for recruitment under the system: merit-based jobs were only 44 percent of job openings, but ...
In 2021, Bangladesh Air Force requested the Bangladesh Government to earmark around 25,200-crores taka (2.5 billion euro) for 16 Western-origin multirole fighter jets. [79] In order to sign the agreement and for the first installment council, the Bangladesh Air Force requested the allocation of 6,300-crores taka for the 2021-22 financial year. [79]
Bangladesh Public Service Commission (BPSC) is the main policy setting and recruitment body of BCS. [1] BCS has 26 cadres. In Bangladesh's parliamentary democracy, elected representatives, known as ministers, are ultimately responsible for running the administration. But the handful of ministers cannot be expected to deal personally with the ...
Union Bank PLC was established on 7 March 2013 as a sharia-compliant bank. [4] It signed an agreement to use products of Millennium Information Solution . [5] On 8 January 2017, Islami Bank Bangladesh Ltd appointed Md Abdul Hamid Miah, former managing director of Union Bank, as managing director. [6] This happened at a time Islami Bank ...
WASHINGTON (Reuters) -The Federal Reserve's regulatory chief on Tuesday outlined a sweeping overhaul easing two major draft bank capital rules following intense industry opposition that delayed ...
United Bank Limited (UBL) (Urdu: یونائیٹڈ بینک) is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of British multinational conglomerate, Bestway Group. It is listed on the Pakistan Stock Exchange and it has been designated as a domestic systemically important bank (D-SIB) by the State Bank of Pakistan.