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Bangladesh Bank
Bangladesh Bank ( bn, 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 and financial inclusion policy and is an important member of the Alliance for Financial Inclusion. Bangladesh Financial Intelligence Unit (BFIU), a department of Bangladesh Bank, has got the membership of Egmont Group of Financial Intelligence Units. Bangladesh Bank is the first central bank in the world to introduce a dedicated hotline (16236) for people to complain about any banking-related problem. Moreover, the organisation is the first central bank in the world to issue a "Green Banking Policy". To acknowledge this contribution, then-governor Dr. Atiur Rahman was given the title 'Green Governor' at the 2012 United Nations Climate Change Conference, held at the Qatar National Convention Centre in Doha. History On 7 April 1972, af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dhaka
Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), formerly known as Dacca, is the capital and largest city of Bangladesh, as well as the world's largest Bengali-speaking city. It is the eighth largest and sixth most densely populated city in the world with a population of 8.9 million residents as of 2011, and a population of over 21.7 million residents in the Greater Dhaka Area. According to a Demographia survey, Dhaka has the most densely populated built-up urban area in the world, and is popularly described as such in the news media. Dhaka is one of the major cities of South Asia and a major global Muslim-majority city. Dhaka ranks 39th in the world and 3rd in South Asia in terms of urban GDP. As part of the Bengal delta, the city is bounded by the Buriganga River, Turag River, Dhaleshwari River and Shitalakshya River. The area of Dhaka has been inhabited since the first millennium. An early modern city developed from the 17th century as a provincial capital and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-performing Loan
A non-performing loan (NPL) is a bank loan that is subject to late repayment or is unlikely to be repaid by the borrower in full. Non-performing loans represent a major challenge for the banking sector, as it reduces the profitability of banks, and is often presented as preventing banks from lending more to businesses and consumers, which in turn slows down economic growth (although this theory is disputed). In the European Union, the management of the NPLs resulting of the global financial crisis of 2008 has become a politically sensitive topic, culminating in 2017 with the decision by the Council to task the European Commission to launch an action plan to tackle NPLs. The action plan supports the fostering of a secondary market for NPLs and the creation of Asset Management Companies (aka bad bank). In December 2020, this action plan was revised in the wake of the Covid19 pandemic crisis. Definition Non-performing loans are generally recognised as per the following criteria: * Pay ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Exchange Market
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: USD 1 is worth X CAD, or CHF, or JPY, etc. The foreign exchange market works thro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mymensingh
Mymensingh ( bn, ময়মনসিংহ) is the capital of Mymensingh Division, Bangladesh. Located on the bank of Brahmaputra River, about north of the national capital Dhaka, it is a major financial center and educational hub of north-central Bangladesh. The city was constituted by the British East India Company on 1 May,1787. Mymensingh is the 8th administrative divisional headquarter and 12th city corporation of Bangladesh. According to Ministry of Public Administration, Mymensingh is ranked 4th in district status. The density of Mymensingh city is 44,458/km2 (115,150/sq mi) which is the second most densely populated city in Bangladesh. Mymensingh attracts 25 percent of health tourists visiting Bangladesh. Mymensingh is the anglicized pronunciation of the original name ''Momen Singh'', referring to a Muslim ruler called Shah Momin or Momin Singh, an ethnic Bengali Muslim ruler.Iffat Ara, 'Mymensingh-er Etihash', ''Dwitiyo Chinta'', 1989, Mymensingh, Bangladesh Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rangpur, Bangladesh
Rangpur (, ; bn, রংপুর , Rongpur, City of Colour) is one of the major cities in Bangladesh and Rangpur Division. Rangpur was declared a district headquarters on December 16, 1769, and established as a municipality in 1869, making it one of the oldest municipalities in Bangladesh. The municipal office building was erected in 1892 under the precedence Raja Janaki Ballav, Senior Chairman of the municipality. In 1890, the Shyamasundari canal was excavated for the improvement of the town. Sharfuddin Ahmed Jhantu was first mayor of Rangpur City Corporation. Now Rangpur City Corporation is the 2nd largest city corporation in Bangladesh. it's about 205 square kilometres. Rangpur is famous for Shataranji, Haribhanga (mango), Rangpur (fruit) and tobacco. Rangpur is called Baher Desh. Rangpur, a city of history and heritage is located in the northwestern part of Bangladesh. Begum Rokeya University and Rangpur Cadet College are situated in the southern part of the city. Pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sylhet
Sylhet ( bn, সিলেট) is a metropolitan city in northeastern Bangladesh. It is the administrative seat of the Sylhet Division. Located on the north bank of the Surma River at the eastern tip of Bengal, Sylhet has a subtropical climate and lush highland terrain. The city has a population of more than half a million and is one of the largest cities in Bangladesh after Dhaka, Chittagong and Khulna. Sylhet is one of Bangladesh's most important spiritual and cultural centres. Furthermore, it is one of the most economically important cities after Dhaka and Chittagong. The city produces the highest amount of tea and natural gas. The hinterland of the Sylhet valley is the largest oil and gas-producing region in Bangladesh. It is also the largest hub of tea production in Bangladesh. It is notable for its high-quality cane and agarwood. The city is served by the Osmani International Airport, named after General Bangabir M A G Osmani, the Commander-in-Chief of the Mukti Bahini duri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khulna
Khulna ( bn, খুলনা, ) is the third-largest city in Bangladesh, after Dhaka and Chittagong. It is the administrative centre of Khulna District and Khulna Division. Khulna's economy is the third-largest in Bangladesh, contributing $53 billion in gross state product and $95 billion in purchasing power parity (PPP) in 2020. In the 2011 census, the city had a population of 663,342. Khulna is on the Rupsha and Bhairab Rivers. A centre of Bangladeshi industry, the city hosts many national companies. It is served by the Port of Mongla, Bangladesh's second-largest seaport. Khulna River Port is one of the country's oldest and busiest river ports. A colonial steamboat service, which includes the ''Tern'', ''Osrich'' and ''Lepcha'', operates on the river route to the city. Khulna is considered the gateway to the Sundarbans, the world's largest mangrove forest and home of the Bengal tiger. It is north of the Mosque City of Bagerhat, a UNESCO World Heritage Site. History Khulna w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barishal
Barisal ( or ; bn, বরিশাল, ), officially known as Barishal, is a major city that lies on the banks of the Kirtankhola river in south-central Bangladesh. It is the largest city and the administrative headquarter of both Barisal District and Barisal Division. It is one of the oldest municipalities and river ports of the country. Barisal municipality was established in the year 1876 during the British rule in India and upgraded to City Corporation on 25 July 2002. Barisal is Bangladesh's third largest information technology and financial hub. The city consists of 30 wards and 50 mahallas with a population of 328,278 according to the 2011 national census and with the voter of about 2.48 lakhs according to the 2018 voter list of city election. The area of the city is 58 km2. The city was once called the Venice of the East or the Venice of Bengal. History Barisal was conquered by Muhammad bin Bakhtiyar Khalji and was later a significant territory of the Delhi Su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rajshahi
Rajshahi ( bn, রাজশাহী, ) is a metropolis, metropolitan city and a major urban, commercial and educational centre of Bangladesh. It is also the administrative seat of the eponymous Rajshahi Division, division and Rajshahi District, district. Located on the north bank of the Padma River, near the Bangladesh-India border, the city has a population of over 763,580 residents. The town is surrounded by the satellite towns of Nowhata and Katakhali, which together build an urban agglomeration of about 1 million population. Modern Rajshahi Division, Rajshahi lies in the ancient region of Pundravardhana. The foundation of the city dates to 1634, according to epigraphic records at the mausoleum of Sufi saint Shah Makhdum. The area hosted a Dutch settlement in Rajshahi, Dutch settlement in the 18th century. The Rajshahi municipality was constituted during the British Raj in 1876. It was a divisional capital of the Bengal Presidency. Rajshahi is a significant administrative, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chattogram
Chittagong ( /ˈtʃɪt əˌɡɒŋ/ ''chit-uh-gong''; ctg, চিটাং; bn, চিটাগং), officially Chattogram ( bn, চট্টগ্রাম), is the second-largest city in Bangladesh after Dhaka and third largest city in Bengal region. It is the administrative seat of the eponymous division and district. It hosts the busiest seaport on the Bay of Bengal. The city is located on the banks of the Karnaphuli River between the Chittagong Hill Tracts and the Bay of Bengal. The Greater Chittagong Area had a population of more than 5.2 million in 2022. In 2020, the city area had a population of more than 3.9 million. One of the world's oldest ports with a functional natural harbor for centuries, Chittagong appeared on ancient Greek and Roman maps, including on Ptolemy's world map. It was located on the southern branch of the Silk Road. In the 9th century, merchants from the Abbasid Caliphate established a trading post in Chittagong. The port fell to the Muslim con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bogura
Bogra ( bn, বগুড়া), officially known as Bogura, is a major city located in Bogra District, Rajshahi Division, Bangladesh. The city is a major commercial hub in Northern Bangladesh. It is the second largest city in Rajshahi Division with a population of over 1 million residents. The Bogra bridge connects the Rajshahi Division and Rangpur Division. Bogra is named after Nasiruddin Bughra Khan, the Governor of Bengal from 1279 to 1282 and the son of Delhi Sultan Ghiyasuddin Balban. The city is approximately and is divided into 21 wards. Bogra has a population of around 12,40,000 people. Since it is one of the oldest cities in Bengal, Bogra is famous for its many ancient Buddhist stupas, Hindu temples, and ancient palaces of Buddhist kings and Muslim sultans. The city has produced notable personalities including Prime Minister Muhammad Ali Bogra of Pakistan, President Ziaur Rahman of Bangladesh, both of whom were born or have lived in the city. History Bogra is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sadarghat
The Port of Dhaka is a major river port on the Buriganga River in Dhaka, the capital and largest city of Bangladesh. The port is located in the southern part of the city. It is Bangladesh's busiest port in terms of passenger traffic. The port has services to most of the districts of Bangladesh. In 2013, a container terminal opened from the city to handle ocean-going ships. Along with Barisal, Chandpur and Narayanganj; the Dhaka port handled 53 million tonnes of cargo and 22 million passengers in 2013–14. History The Dhaka river port has a recorded existence since the Mughal Empire. The Mughal viceroy's fortress was built by the port in the 17th century. Dhaka's strategic riverine location in Bengal made it a hub for Eurasian traders, including Armenians, the Portuguese, French, Dutch and British. The city's riverbanks were dotted with mansions, bazaars and warehouses. The bustling old city was known as the ''Venice of the East''. It was used for exports of cotton muslin, silk, j ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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