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The president of Chittagong Stock Exchange, Fakhor Uddin Ali Ahmed, asked Central Depository Bangladesh Limited to reduce their fees to increase the confidence of stock market investors in September 2011. [12] Bangladesh Bank ordered the Central Depository Bangladesh Limited to examine accounts held by depository participants in November 2014. [13]
The Institute of Bankers was registered on the 6 February 1973 as an association under the Societies Registration Act, 1660 (Act No. XXI of 1660). [2] Before that some eminent bankers and other professionals decided, in a meeting held on 26 July 1972, to establish the institute as a professional body of banks and financial institutions in Bangladesh.
On 7 April 1972, after the Bangladesh Liberation War and the eventual independence of Bangladesh, the Government of Bangladesh passed the Bangladesh Bank Order, (P.O. No. 127 of 1972), reorganising the Dhaka branch of the State Bank of Pakistan as Bangladesh Bank, the country's central bank and apex regulatory body for the country's monetary and financial system.
Major General Aziz Ahmed was the first chairman of the Bank and he was replaced by Major General Abul Hossain on 2 November 2016. [11] In 2020, Shimanto Bank had 12.09 billion taka in deposits. [12] In August 2021, Bangladesh Bank issued a show cause notice to Shimanto Bank PLC and nine other banks for having a low interest rate on their ...
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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 ...
Bangladesh Academy for Securities Market (BASM) was established in July 2019 as the academic unit of Bangladesh Securities and Exchange Commission. [ 11 ] Two professors of the University of Dhaka, Shaikh Shamsuddin Ahmed and Mizanur Rahman, were appointed commissioners of Bangladesh Securities and Exchange Commission on 20 May 2020 for 4 years.
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]