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Meghna Bank
Meghna Bank Limited is a bank in Bangladesh founded on 21 April 2013. H. N. Ashequr Rahman, Awami League member of parliament, is the chairman of Bank. The managing director is Sohail R K Hussain. History Meghna Bank was established on 21 April 2013 as a fourth generation private bank in Bangladesh. Mohammed Nurul Amin was appointed CEO and managing director of Meghna Bank in June 2014. Mohammad Nurul Amin, managing director of bank, said the bank had excess liquidity in December 2015. In January 2016, Meghna Bank took 350 million BDT from Bangladesh Bank as emergency cash due to a liquidity shortage along with AB Bank and Farmers Bank Limited. In January 2018, operating profit of the bank increased according to managing director Nurul Amin. Adil Islam was appointed CEO and managing director of Meghna Bank in April 2018. The Bank also saw an unusual increase in defaulted loans in 2018. This led to Bangladesh Bank announcing punitive actions against the bank. Sohail RK Hu ... [...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] |
The Farmers Bank Limited
Padma Bank Limited, formerly known as The Farmers Bank Limited, is a private commercial bank headquartered in Gulshan-1, Dhaka, Bangladesh. The bank was established in 2013. The fourth generation bank commenced its banking operation on June 3, 2013. By an order On 29 January 2019 Bangladesh Bank has changed the name of The Farmers Bank Limited to Padma Bank Limited after the bank failed to pay its liabilities due numerous bad loans and embezzlements. Chowdhury Nafeez Sarafat is the Chairperson of Padma Bank Limited. History The Farmers Bank Limited was established in 2013 and was granted a licence due to the political links of its founder Muhiuddin Khan Alamgir. In January 2016, Bangladesh Bank appointed an observer to The Farmers Bank Limited who had found evidence of irregularities with the distribution of 4 billion taka loans. Farmers Bank used its security deposit money with Bangladesh Bank to payback interbank short-term loans to four banks for a total of 7 billion tak ... [...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] |
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] |
Paramount Group (Bangladesh)
Paramount Group is a Global Aerospace & Defence group of companies operating in the global defence, internal security and peacekeeping industries. Established in South Africa in 1994, it offers a range of military aircraft, armoured vehicles, maritime systems, equipment and training to governments. Since 2006, Paramount Group has been expanding its presence in the aerospace sector. During 2011, the company unveiled the AHRLAC (''Advanced High Performance Reconnaissance Light Aircraft''), a long-range reconnaissance and surveillance aircraft; it is the first military fixed-wing aircraft to be designed and built indigenously in Africa. In 2013, Paramount Group acquired South African aerospace firm ''Advanced Technologies and Engineering'' (ATE); during the following year, it announced the acquisition of the South African aerospace company Aerosud, its primary partner on the ARHLAC. Both firms have been integrated into the group. History Paramount Group was established by South A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Square Pharmaceuticals
Square Pharmaceuticals Ltd. is a Bangladeshi Multinational corporation, multinational pharmaceutical company. It was founded in 1958 by Samson H. Chowdhury along with three of his friends PK Saha, Kazi Harunur Roshid and Radhabinod Rai as a private firm. It went public in 1991 and is listed on the Dhaka Stock Exchange and on the Chittagong Stock Exchange (ID of SPL: 13002) Square Pharmaceutical started to export different antibiotics and medicine across the world from 1987. Now it exports its medicine to 36 countries of the world. In 2008 and 2009 it had the highest market share in the Pharmaceutical industry in Bangladesh, pharmaceutical industry of Bangladesh. For the last couple of years, it has been seeing double digit revenue every year. the Forbes list said Square Pharmaceutical Company of Bangladesh, involved in drug and chemical business, has sales volume worth $512 million. The local pharma's market capital is $1.7 billion. Its net income is $150 million and has employed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Organization For Standardization
The International Organization for Standardization (ISO ) is an international standard development organization composed of representatives from the national standards organizations of member countries. Membership requirements are given in Article 3 of the ISO Statutes. ISO was founded on 23 February 1947, and (as of November 2022) it has published over 24,500 international standards covering almost all aspects of technology and manufacturing. It has 809 Technical committees and sub committees to take care of standards development. The organization develops and publishes standardization in all technical and nontechnical fields other than electrical and electronic engineering, which is handled by the IEC.Editors of Encyclopedia Britannica. 3 June 2021.International Organization for Standardization" ''Encyclopedia Britannica''. Retrieved 2022-04-26. It is headquartered in Geneva, Switzerland, and works in 167 countries . The three official languages of the ISO are English, Fren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Daily Star (Bangladesh)
''The Daily Star'' is a leading Bangladeshi English-language daily newspaper. It is the largest circulating daily English-language newspaper in the country. Founded by Syed Mohammed Ali on 14 January 1991, as Bangladesh transitioned and restored parliamentary democracy, the newspaper became popular for its outspoken coverage of politics, corruption and foreign policy. It is considered a newspaper of record for Bangladesh. The newspaper is known for its "reputation for journalistic integrity and liberal and progressive views - a kind of Bangladeshi ''New York Times''". Its slogan is "Journalism Without Fear or Favour". Mahfuz Anam serves as editor and publisher of ''The Daily Star''. Its motto, "Your Right to Know", appears above its logo on the front page. ''The Daily Star'' is owned by Mediaworld, in which a major share is held by the Transcom Group. ''Star Business'' is the business edition of the paper and highly popular. History In the late 1980s, plans for a major English ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AB Bank
AB Bank (formerly Arab Bangladesh Bank) is a leading private sector bank in Bangladesh. AB Bank Limited was incorporated on 31st December, 1981 and its the first commercial private bank in Bangladesh. History AB Bank was established on 31 December 1981. This was the first joint venture private bank in Bangladesh. On 14 November 2007 Bangladesh bank approved the name change to AB Bank from Arab Bangladesh Bank. A former deputy managing director was charged with embezzling 3.25 billion taka from the bank. In February 2008, AB Bank was fined 100 million taka for violating securities law with excessive marginal loans. The majority of these loans from the merchant banking wing of AB Bank went to bank employees and their relatives. In 2014 AB bank completed its acquisition of Cashlink Bangladesh Limited. A former vice president and his wife were sentenced to life in prison for embezzlement of 67.4 million taka from the bank in 2016.According to an investigation by Bangladesh Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
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 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
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