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Mercantile Bank (Bangladesh)
Mercantile Bank Limited is a commercial bank headquartered in Dhaka, Bangladesh. History Mercantile Bank is a public limited company with limited liability under the bank companies act, 1991. Its share are listed in Dhaka Stock Exchange and Chittagong Stock Exchange. The bank provide products and services in retail banking, corporate finance, Islamic finance, asset management, equity brokerage and security. It has 119 branches in Bangladesh and employs around 2,300 employees. In April 2009, Mohammad Abdul Jalil, a former Awami League Commerce Minister, was elected chairman of Mercantile Bank. Md Abdul Jalil was re-elected chairman of Mercantile Bank in April 2012. On 9 January 2013, M Ehsanul Haque was appointed managing director of Mercantile Bank. In May 2013, Bangladesh Bank found a director of Mercantile Bank, Md Shahabuddin Alam, was involved with illegal transaction involving subsidiaries of SA Group of Industries. M Amanullah was elected chairman of Mercantile Ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Security (finance)
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or "book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a secur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Chittagong Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Dhaka Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...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] |
List Of Banks In Bangladesh
The banking sector in Bangladesh consists of several types of institutions. Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. Pursuant to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganised the Dhaka Branch of the State Bank of Pakistan as the central bank of the country, and named it Bangladesh Bank with retrospective effect from 16 December 1971. Other than Bangladesh Bank, banks in Bangladesh are primarily categorized into two types: Scheduled and Non-Scheduled banks. Scheduled banks Scheduled banks are licensed under the Bank Company Act, 1991 (Amended up to 2013). Currently, there are 61 scheduled banks in Bangladesh. ''State-owned commercial banks (SOCBs)'' There are 6 state-owned commercial banks (SOCBs) that are fully or majorly owned by the Government of Bangladesh. *Agrani Bank Limited * Bangladesh Development Bank * BASIC Bank Limited *Janata Bank Limited * Rupali Bank Limited *Sonali Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercantile Bank (other) , a commercial bank in Israel
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Mercantile Bank may refer to: * Mercantile Bank (Bangladesh), a bank founded in Dhaka in 1999 * Mercantile Bank (South Africa), a bank founded in Sandown, Johannesburg in 1965 * Mercantile Bank, now TD Bank, a Florida subsidiary of South Financial Group * Mercantile Bank of India, London and China, a British bank founded in 1853, acquired by HSBC in 1959 See also * Mercantile Bancorporation, a holding company in Missouri, acquired by Firstar Corporation in 1999 * Mercantile Bankshares, a Maryland company acquired by PNC Financial Services in 2007 * Mercantile Discount Bank Mercantile Discount Bank ( he, בנק מרכנתיל דיסקונט בע"מ) is a major commercial bank in Israel, and is a subsidiary of Israel Discount Bank. It is the sixth largest bank in Israel. Controversies Involvement in Israeli sett ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morshed Alam
Morshed Alam (born 29 March 1950) is a Bangladeshi business magnate, politician and the incumbent Member of Parliament from Noakhali-2. He was declared a Commercially Important Person (CIP) for the fiscal year of 1996–1997, 1999–2000, 2008–2009 & 2010–2011 (export) by the Ministry of Commerce, Government of the People's Republic of Bangladesh. He is also the recipient of the Prime Minister's National Export Trophy, for which he won gold and silver four times and bronze once. In 1969 he founded Bengal Group and it is one of the largest plastic and manufacturing groups in Bangladesh today. Early life Alam was born on 29 March 1950 in Noakhali, Bangladesh. He was born to father late Haji Md. Idris Mia and mother late Tahera Begum. Career Industrialist Alam is actively involved in politics. He is the chairman of Bengal group. He was elected a member of parliament for the first time. He is the member of trustee board of The People's University of Bangladesh and chairman, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Noakhali District
Noakhali ( bn, নোয়াখালী, , New canal), historically known as Bhulua ( bn, ভুলুয়া), is a district in southeastern Bangladesh, located in the Chittagong Division. It was established as district in 1821, and officially named Noakhali in 1868. Its headquarters lie in the town of Maijdee, making Noakhali the only district of Bangladesh that isn't named after its town name. Etymology and names The name of Noakhali District comes from the town of Noakhali (নোয়াখালী), which was the former headquarters of the old district. It is a compound of two words; ''Noa'' (meaning new in Noakhailla) and ''Khali'' (a diminutive of ''khal'' meaning canal). The history behind its naming is traced back to a canal that was dug in the 1660s in response to devastating floods which had affected the area's agricultural activities. The canal ran from the Dakatia through Ramganj, Sonaimuri and Chowmuhani, to divert water flow to the junction of the Meghn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PK Halder
Prashanta Kumar Halder, also known as PK Halder, is a Bangladeshi-Canadian banker, businessman and a finance officer. He is a fugitive and wanted in Bangladesh for embezzlement of more than 102 billion taka, one of the biggest cases in Bangladesh. The Daily Star called him the "Sultan of Swindle". It is inspected that he has laundered more than a billion US dollars out of Bangladesh. Early life Prashanta Kuman Halder was born in a small village in Najirpur Upazilla of the Patuakhali District in a hindu family. His father's name is Prananendu Halder and mother's name is Lilavati Halder who was a teacher at a local governmental institute. He is the second son in the family. His elder brother's name is Pritish Kumar Halder. They both got graduated from the Bangladesh University of Engineering and Technology. Later he got his both MBA & CFA from the University of Dhaka. Career In 2008, Halder was made the Deputy Managing Director of Industrial and Infrastructure Development Finan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangladesh Financial Intelligence Unit
The Bangladesh Financial Intelligence Unit is a government agency of Bangladesh responsible for investigating money laundering, suspicious transactions, and cash transaction reports. The unit works under Bangladesh bank. Md Masud Biswas is the chief of Bangladesh Financial Intelligence Unit. History The unit was founded as the Anti-Money Laundering Department of Bangladesh Bank in June 2002. The name of the department was changed to Bangladesh Financial Intelligence Unit on 25 January 2012 through the Money Laundering Prevention Act, 2012. Asia/Pacific Group on Money Laundering recommended the government to form the unit. In 2015 the Government of Bangladesh announced plans to provide autonomy to the unit. In 2016 Bangladesh Bank confirmed the unit has been made autonomous. In September 2021, the Bangladesh Financial Intelligence Unit sent letters to banks requesting the bank details of 11 elected journalist leaders from Bangladesh Federal Union of Journalists, Dhaka Reporter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bengal Group Of Industries
Bengal Group (also known as Bengal group of Industries) is a Bangladeshi conglomerate (company), conglomerate. It was established in 1969. It includes Bengal Plastic the largest plastic manufacturer in Bangladesh. Morshed Alam, a member of parliament from Awami League, is the chairman of the Bengal Group of Industries. The Vice chairman of the group is Md Jashim Uddin, younger brother of Morshed Alam. History Bengal Group of Industries was established in 1969 by Morshed Alam in rented factory in Old Dhaka. In 2004, Jashim Uddin became the president of Bangladesh Plastic Goods Manufacturers and Exporters Association. In June, Bengal Group purchased Rahmania Biscuit and Bread Industries. In March 2007, a fire started at the headquarters of the group in first floor of BSEC (Bangladesh), BSEC Bhaban in Kawran Bazar, Karwan Bazar leaving four dead and 36 injured. The office of Dandy Dying also burned down on the eight floor. In 2008, The Daily Star (Bangladesh), The Daily Star and DHL ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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