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The Institute of Bankers, Bangladesh. Established in 1973, The Institute of Bankers, Bangladesh ( IBB) is the national professional banking body of banks and nonbank financial institutions (NBFIs) in Bangladesh solely in terms of conducting Banking Professional Examination (BPE) which is mandatory for all professionals (Banks/ NBFIs) for job ...
Bangladesh Bank ( Bengali: বাংলাদেশ ব্যাংক) is the central bank of Bangladesh and is a member of the Asian Clearing Union. It is fully owned by the Government of Bangladesh . The bank is active in developing green banking. [ 3] and financial inclusion policy and is an important member of the Alliance for Financial ...
Universal Pension. The Universal Pension ( Bengali: সার্বজনীন পেনশন) is a system of the Bangladesh Government's pension arrangement. Benefits vary depending on the age of the individual and their contribution record. Anyone can make a claim, provided they have a minimum number of qualifying years of contributions.
BRAC Bank PLC [4] is a private commercial bank in Bangladesh, founded in 2001. The bank is a subsidiary of BRAC, a leading development organization in the country. BRAC Bank is known for its focus on small and medium-sized enterprises (SMEs). [5] The bank has a network of over 187 branches, 457 SME unit offices, and over 329 ATMs, 10 CDMs, 68 ...
Sonali Bank was established in 1972 under the Bangladesh Banks (Nationalisation) Order, through the amalgamation and nationalisation of the branches of National Bank of Pakistan, Bank of Bahawalpur, and Premier Bank branches located in East Pakistan until the 1971 Bangladesh Liberation War. [ 11] When it was established, Sonali Bank had a paid ...
Muhammad Yunus[ a] (born 28 June 1940) is a Bangladeshi entrepreneur, banker, economist, politician, and civil society leader who has been serving as the Chief Adviser of the interim government of Bangladesh since 8 August 2024. [ 1]
As a consequence, Islami Bank Bangladesh Limited, the first shari'ah compliant bank in Bangladesh started operations on 30 March 1983. [10] It was founded by Saudi and Kuwaiti investors who provided 70 per cent of the initial capital. [6] [10] It is a public limited company registered under the Indian Companies Act of 1913. IBBL is a joint ...
The Bangladesh Bank robbery, also known colloquially as the Bangladesh Bank cyber heist, [ 1] was a theft that took place in February 2016. Thirty-five fraudulent instructions were issued by security hackers via the SWIFT network to illegally transfer close to US$1 billion from the Federal Reserve Bank of New York account belonging to ...