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Karmasangsthan Bank
Karmasangsthan Bank () () is a specialised government owned bank in Bangladesh. The bank was founded to finance the unemployed to set up small enterprises. Ansar-VDP Unnayan Bank and the Probashi Kallyan Bank are two specialised banks like the Karmasangsthan Bank in Bangladesh. MD. Nurul Amin is the present chairperson of the Karmasangsthan Bank. History The bank was founded in 1998 by the Awami League government, with an approved capital of 3 billion taka. The Karmasangsthan Bank was established as per Karmasangsthan Bank Act No.7 of 1998. The bank was founded to increase income of people in rural areas of Bangladesh. According to Sahara Khatun the bank was neglected after the Bangladesh Nationalist Party came to power. Dewan Mujibur Rahman was appointed managing director of Karmasangsthan Bank in September 2004. In August 2007, Karmasangsthan Bank donated 416 thousand taka to the Chief Adviser's Relief and Welfare Fund. The highest interest rate charged by the bank in 2010 ... [...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] |
Sahara Khatun
Sahara Khatun (1 March 1943 – 9 July 2020) was a Bangladesh Awami League politician and a cabinet minister. She was the incumbent Jatiyo Sangsad member representing the Dhaka-18 constituency, and was the presidium member of the party. Early life Khatun was born in Kurmitola in Dhaka on 1 March 1943 to Abdul Aziz and Turjan Nesa. She completed BA and LLB degrees. She was the presidium member of Bangladesh Awami League, founding president of Bangladesh Awami Ainjibi Parishad and general secretary of Bangladesh Mahila Samity, as well as a member of the International Women Lawyers' Association and the International Women's Alliance. She started her career as a lawyer, and rose to fight cases at the Supreme Court of Bangladesh. Political career Khatun was involved in politics since her student life. She entered the national political scene in 1991 when she contested the 5th Parliamentary elections as an Awami League candidate, and was defeated by Khaleda Zia of BNP, who th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Bangladesh
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palli Karma Sahayak Foundation
Palli Karma Sahayak Foundation or PKSF is a financial institution founded by the Government of Bangladesh to finance rural development and provide training and is located in Dhaka, Bangladesh. Dr Qazi Kholiquzzaman Ahmad is the Chairman of Palli Karma Sahayak Foundation. It offers financial and non-financial services to the rural people in Bangladesh. History Palli Karma Sahayak Foundation was established on 1990 by the government of Bangladesh. The organization provides finances to Non-governmental organization A non-governmental organization (NGO) or non-governmental organisation (see spelling differences) is an organization that generally is formed independent from government. They are typically nonprofit entities, and many of them are active in h ... that provide credit and non-financial services at the grassroots. The Foundation received Nawab Ali Chowdhury National Award in 2012 for poverty alleviation. The foundation as of 2020 assists about 12 million households w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palli Sanchay Bank
Palli Sanchay Bank (), Rural Savings Bank, is a state owned bank in Bangladesh. Md. Akram-Al-Hossain is the chairman of the bank. Khondoker Ataur Rahman is the managing director of the bank. History On 2 July 2014, the Government of Bangladesh passed the Palli Sanchay Act 2014 to form the Palli Sanchay Bank. The bank was modeled after Grameen Bank, which was founded by Muhammad Yunus. According to the act, the government of Bangladesh would own 51 percent of the shares and members of Ektee Bari Ektee Khamar project (One House, One Farm project) would own rest of the shares. The bank would start with 10 billion taka authorised capital and 2 billion taka paid-up capital. The proposal for the bank was opposed by Bangladesh Bank and Bank and Financial Institutions Division of the Ministry of Finance. They recommended that instead of a bank, a financial institute be created. They believed that bank would fail to do its purpose like other specialised banks. The move to create the bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kazi Sanaul Hoq
Kazi Sanaul Hoq is a Bangladeshi banker and Chairman of Rupali Bank Limited. He is a former managing director of Investment Corporation of Bangladesh. His the former managing director of Dhaka Stock Exchange. His appointment as the managing director of Dhaka Stock Exchange was controversial as it had been alleged that the selection process was gamed in his favor through pressure from "upper levels". Early life Hoq was born on 4 January 1961 in Nilphamari District, East Pakistan, Pakistan. His father, Kazi Ekramul Hoq, was a judicial officer in the East Pakistan Civil Service. He completed his bachelor's degree and masters in accounting from the University of Dhaka. Career Hoq joined the Investment Corporation of Bangladesh in 1984. He worked as the General Manager of Bangladesh Development Bank Limited. Hoq had served as the managing director of Rajshahi Krishi Unnayan Bank. On 20 January 2015, Hoq was appointed Deputy Managing Director of Agrani Bank. From 2017 to 2019 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Midland Bank Limited
Midland Bank Limited is a fourth generation private commercial bank in Bangladesh. Nilufer Zafarullah is chairperson of the bank. Md Ahsan-uz Zaman, is the managing director and CEO of Midland Bank Limited. History Midland Bank Limited was established on 20 March 2013. It was one of nine 4th generation bank approved all of whom have strong ties with Awami League, the government party. Bangladesh Bank approved Midland Bank Limited on the condition that the bank would eventually list on the stock market. Md Ahsan-uz Zaman joined Midland Bank Limited in July 2014 as its chief executive officer and managing director. In 2018, defaulted loans of Midland Bank Limited rose from 220 million taka to 650 million taka. In July 2020, Md Ahsan-uz Zaman reappointed Midland Bank Limited's Chief Executive Officer and Managing Director On 20 June 2021, Bangladesh Bank included Midland Bank Limited in its Interoperable Digital Transaction Platform and Bangladesh Electronic Funds Transfer Networ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sheikh Hasina
Sheikh Hasina Wazed (''née'' Sheikh Hasina ; ; bn, শেখ হাসিনা ওয়াজেদ, Shēkh Hasinā, , born 28 September 1947) is a Bangladeshi politician who has served as the Prime Minister of Bangladesh, Prime Minister of Bangladesh since January 2009. Hasina is the daughter of the founding father and first President of Bangladesh, President of Bangladesh, Bangabandhu Sheikh Mujibur Rahman. She previously served as prime minister from June 1996 Bangladeshi general election, June 1996 to 2001 Bangladeshi general election, July 2001. She is the longest serving prime minister in the History of Bangladesh (1971–present), history of Bangladesh, having served for a combined total of over 18 years. As of , she is the world's longest-serving female Head of government, Head of Government in history. Hasina's term as the Prime Minister witnessed worsening security situation that includes the Bangladesh Rifles revolt in 2009 which killed 56 officers of Banglades ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangladesh Nationalist Party
The Bangladesh Nationalist Party ( bn, বাংলাদেশ জাতীয়তাবাদী দল, Bangladesh Jātīyotābādī Dol; BNP) is a centre-right to right-wing nationalist, political party in Bangladesh and one of the major political parties of Bangladesh. It was founded on 1 September 1978 by former Bangladeshi President Ziaur Rahman after the Presidential election of 1978, with a view of uniting the people with a nationalist ideology. Since then, the BNP won the second, fifth, sixth and eighth national elections and two Presidential elections in 1978 and 1981. The party also holds the record of being the largest opposition in the history of parliamentary elections of the country, with 116 seats in the seventh national election of June 1996. It has currently 7 MPs in parliament after 2018 general election. Although the party was initially founded on a nationalistic principle, many of its leaders want an Islamic government and its main supporters are Islam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taka
The Bangladeshi taka ( bn, টাকা, sign: , code: BDT, short form: Tk) is the currency of the People's Republic of Bangladesh. In Unicode, it is encoded at . Issuance of bank notes 10 and larger is controlled by Bangladesh Bank, while the 2 and 5 banknotes are the responsibility of the ministry of finance of the government of Bangladesh. The banknotes of Tk. 2 and Tk.5 have mostly been replaced by coins while lower denomination coins (including all poysha coins) up to Tk. 1 have almost gone out of circulation due to inflation. The most commonly used symbol for the taka is "" and "Tk", used on receipts while purchasing goods and services. It was formerly divided into 100 poysha, but poysha coins are no longer in circulation. Etymology According to ''The American Heritage Dictionary of the English Language'' and ''Banglapedia'', the word ''taka'' came from the Sanskrit word ''tankah''. The word ''taka'' in Bangla is also commonly used generically to mean any money, cur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali, one of the easternmost branches of the Indo-European language family. Bangladesh forms the sovereign part of the historic and ethnolinguistic region of Bengal, which was divided during the Partition of India in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Awami League
In Urdu language, Awami is the adjectival form for '' Awam'', the Urdu language word for common people. The adjective appears in the following proper names: *Awami Colony, a neighbourhood of Landhi Town in Karachi, Sindh, Pakistan *Awami Front, was a front of six Muslim political parties in Uttar Pradesh, India * Awami Muslim League (Pakistan), a Pakistani political party * Awami National Party, a secular and leftist Pashtun nationalist political party in Pakistan *Bangladesh Awami League, often simply called the Awami League or AL, one of the two major political parties of Bangladesh *National Awami Party, progressive political party in East and West Pakistan *National Awami Party (Bhashani), split-off from National Awami Party in East Pakistan *National Awami Party (Wali), Wali Khan faction of the National Awami Party was formed after the 1967 split in the original National Awami Party *National Awami Party (Muzaffar) or Bangladesh National Awami Party, political party in Banglad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
