Midland Bank Ltd
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Midland Bank Ltd
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 Netwo ...
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Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreeme ...
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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 ...
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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 ...
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Nilufer Zafarullah
Nilufer Zafarullah (born 6 June 1949) is a Bangladeshi politician who was a member of the 9th and 10th parliaments from the Bangladesh Awami League. She is a director of Chittagong Independent University and Independent University Bangladesh Independent University, Bangladesh ( bn, ইন্ডিপেন্ডেন্ট বিশ্ববিদ্যালয়) or IUB is a one of the well renowned, prestigious and popular private university in Bangladesh. It is located in Bas .... She was named in the 2016 Panama Papers leak. She is the current chairman of a commercial bank, Midland Bank Ltd. She is a director of Hong Kong Shanghai Manjala Textiles Limited. References Further reading * * 1949 births Living people Women members of the Jatiya Sangsad Awami League politicians 21st-century Bangladeshi women politicians 10th Jatiya Sangsad members {{AwamiLeague-politician-stub ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Managing Director
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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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 ...
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Jamdani
Jamdani ( bn, জামদানি) is a fine muslin textile (figured with different patterns) produced for centuries in South Rupshi of Narayanganj district in Bangladesh on the bank of Shitalakhwa river. The historic production of jamdani was patronized by imperial warrants of the Mughal emperors. Under British colonialism, the Bengali jamdani and muslin industries rapidly declined due to colonial import policies favoring industrially manufactured textiles. In more recent years, the production of jamdani has witnessed a revival in Bangladesh. Jamdani is typically woven using a mixture of cotton and gold thread. In 2013, the traditional art of weaving jamdani was declared a UNESCO Intangible Cultural Heritage of Humanity. In 2016, Bangladesh received geographical indication (GI) status for Jamdani Sari. Etymology Jamdani was originally known as ''Dhakai'' ( Daccai) named after the city of Dhaka (Dacca), one of many ancient textile weaving centers in Bengal region. Under the M ...
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Bangladesh Securities And Exchange Commission
The Bangladesh Securities and Exchange Commission (BSEC) is the regulator of the capital market of Bangladesh, comprising Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE). The commission is a statutory body and attached to the Ministry of Finance. The current chairman of the commission is Shibli Rubayat Ul Islam. History BSEC was established on 8 June 1993 under the Securities and Exchange Commission Act, 1993. Before the commission, the market were regulated under the Capital Issues Act 1947. The chairman and members of the commission are appointed by the government and have overall responsibility to administer securities legislation. The commission, at present, has four full-time members, excluding the chairman. The commission is a statutory body and attached to the Ministry of Finance. It works closely with Central Depository Bangladesh Limited. Initially named simply as the ''Securities and Exchange Commission'', on 10 December 2012, its name was officially ...
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Gulshan Thana
Gulshan ( bn, গুলশান) is a thana situated in Dhaka, Bangladesh. It is an affluent residential and business neighbourhood; and is now home to a number of the city's restaurants, shopping centres, schools, banks, members' clubs and hosts the majority of embassies and high commissions in Bangladesh. Many Bangladeshi and international companies have their offices in Gulshan. History In the place of this suburb there was an old village named ''Bhola''. Gulshan was founded as a planned model town in 1961 with its own Pourashabha (''municipal corporation''), while the neighbouring Banani Model Town was founded in 1964. Gulshan Thana was established in 1972. Gulshan Pourashabha was abolished in 1982. In 1984, Gulshan, along with Mirpur municipality, was absorbed into Dhaka. The area was originally built with the purpose of being solely residential; however, over the years many commercial buildings have been set up in the area. Gulshan is now a mix of a serene residentia ...
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Ahsan Khan Chowdhury
Ahsan is a male name in Urdu and Persian, coming from the Arabic triconsonantal root Ḥ-S-N, also as the diminutive of Hassan. Given name * Ahsan Ayaz (born 1998), Pakistani squash player * Ahsan Iqbal, Pakistani politician * Ahsan Khan (actor), Pakistani actor * Ahsan Malik, Pakistani commander * Ahsan Raza, Pakistani first class cricketer * Ahsan Watts, teenage soul and R&B singer from Newark, New Jersey * Ahsanullah Khan Bahadur, nawab of Dhaka * Ahsan Ali (other) Surname * Aitzaz Ahsan, Pakistani barrister and politician * Haseeb Ahsan, Pakistani first class cricketer * Jaya Ahsan, Bangladeshi actress and producer * Jeetu Ahsan, Bangladeshi actor * Riaz Ahsan, Pakistani statistician and mathematician * Saleyha Ahsan, British medical doctor, presenter and journalist * Syed Mohammad Ahsan Vice-Admiral Syed Mohammad Ahsan ( ur, سید محمد احسن b. 1920 – d. 1990) often known as S. M. Ahsan, was a senior admiral of the Pakistan Navy who was the C ...
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