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Bangladesh Development Bank Ltd.
Bangladesh Development Bank is a state-owned specialised commercial bank in Bangladesh. The bank has one of the highest loan default rate in Bangladesh. Shamima Nargis is the chairperson of the bank. Kazi Alamgir is the Chief Executive Officer and managing director of the bank. History Bangladesh Development Bank was established on 16 November 2009 as a Public Limited Company by merging the state-owned Bangladesh Shilpa Bank with the Bangladesh Shilpa Rin Sangstha; both were established on 31 October 1972. Bangladesh Development Bank started in 2010 with 534 court cases concerning 21 billion taka and 24.6 billion taka in written off liabilities. Santi Narayan Ghosh was appointed chairperson of the Bangladesh Development Bank in September 2012. In 2016, former managing director of Karmasangsthan Bank, Mushtaque Ahmed, and former deputy managing director of Rupali Bank Limited, Md Abu Hanif Khan, were appointed directors of Bangladesh Development Bank. The bank has had issues ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank
In banking, the term national bank carries several meanings: * a bank owned by the state * an ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally) * in the United States, an ordinary private bank operating within a specific regulatory structure, which may or may not operate nationally, under the supervision of the Office of the Comptroller of the Currency. In the past, the term "national bank" has been used synonymously with "central bank", but it is no longer used in this sense today. Some central banks may have the words "National Bank" in their name; conversely if a bank is named in this way, it is not automatically considered a central bank. For example, National Bank of Canada of Montreal, Canada, is a privately owned commercial bank. On the other hand, National Bank of Ethiopia is the central bank of Ethiopia and National Bank of Cambodia is the central bank of Cambodia. By country Afghanistan Pashtany Bank is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bashundhara Group
Bashundhara Group ( bn, বসুন্ধরা গ্রুপ) is a Bangladeshi conglomerate. It is one of the largest manufacturing companies in Bangladesh. It was incorporated in 1987 as a real estate company venture under the name East West Property Development Ltd (EWPD). The first project of EWPD turned out to be very successful. After then, the company grew very quickly. It presently owns more than 50 major concerns located throughout Bangladesh. History Bashundhara Group ( Ahmed Akbar Sobhan, is the founder and chairman of Bashundhara Group.) began in 1987 as real estate venture. After its first successful project, Bashundhara invested in new fields, including manufacturing, industry and trading. More enterprises were established in the early 1990s; these included cement, paper, pulp, tissue paper and steel production, as well as LP Gas bottling and distribution. On 4 February 2014, The Bangladesh Supreme Court ordered Bashundhara Group officials to surrender before it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BASIC Bank
BASIC Bank Limited (founded as Bangladesh Small Industries and Commerce Bank) is a fully government owned bank in Bangladesh which was founded on 2 August 1988. The bank was founded to finance small enterprises. Abul Hashem is chairman of the bank. Md. Anisur Rahman is the managing director of the bank. More than 45 billion taka loan was defaulted from the bank, many of the loans were to companies that existed on paper only, with the support of former chairperson Sheikh Abdul Hye Bachhu. 100 borrowers accounted for 86 percent of the defaulted loans. History BASIC Bank Limited was established on 2 August 1988 began operations from 21 January 1989. It was owned by BCC Foundation, which owned 70 percent of the shares, and the government of Bangladesh, which owned the remaining 30 percent of the shares. On 4 June 1992, BCCI, which owned BCC Foundation, closed and the government of Bangladesh took over 100 percent ownership. In December 2003, Basic Bank signed an agreement with Int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mustafa Kamal (politician)
Abu Hena Mohammad Mustafa Kamal (Bengali language, Bengali: আবু হেনা মুহাম্মদ মুস্তফা কামাল; born 15 June 1947) much commonly known as Lotus Kamal is a Bangladeshi politician and businessman. He is a member of the Jatiya Sangsad representing the Comilla-10 constituency and is a former Minister for Planning and current Minister of Finance. He is the owner of Lotus Kamal Group, which is a well-known Bengali textile industry. Kamal was awarded the Finance minister, Finance Minister of the Year 2020 by the Banker. Early life Kamal was born on 15 June 1947 in Laksham Upazila, Laksham, Comilla District, Cumilla, East Bengal, British India. After the primary education from local Dattapur Primary School, SSC from Bagmara High School in 1962, later HSC from Comilla Victoria Government College, Cumilla Victoria Government College, and B.Com. (Honors) degree from Chittagong Government Commerce College in 1964–1967. In 1967 he finish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohammad Mejbahuddin
Muhammad ( ar, مُحَمَّد; 570 – 8 June 632 CE) was an Arab religious, social, and political leader and the founder of Islam. According to Islamic doctrine, he was a prophet divinely inspired to preach and confirm the monotheistic teachings of Adam, Abraham, Moses, Jesus, and other prophets. He is believed to be the Seal of the Prophets within Islam. Muhammad united Arabia into a single Muslim polity, with the Quran as well as his teachings and practices forming the basis of Islamic religious belief. Muhammad was born approximately 570CE in Mecca. He was the son of Abdullah ibn Abd al-Muttalib and Amina bint Wahb. His father Abdullah was the son of Quraysh tribal leader Abd al-Muttalib ibn Hashim, and he died a few months before Muhammad's birth. His mother Amina died when he was six, leaving Muhammad an orphan. He was raised under the care of his grandfather, Abd al-Muttalib, and paternal uncle, Abu Talib. In later years, he would periodically seclude himse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
