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Mohammed Matiul Islam
Mohammed Matiul Islam (born 24 January 1930) is a Bangladeshi government servant and entrepreneur. He is known for serving as the first Finance Secretary of Bangladesh. He was Bangladesh's envoy to the World Bank and later the United Nations for 8 and 11 years, respectively. He has started 4 companies, and is currently chairman of Industrial and Infrastructure Development Finance Company (IIDFC), a Bangladeshi financial services firm. Career Finally, in December, Indian Army forces bolstered by the Mukti Bahini liberated Dhaka, securing the Pakistani Army's surrender on 16 December. By 8 January, Zulfikar Ali Bhutto responded to international pressure and released Sheikh Mujib. He arrived back in Dhaka on the 10th, and sent for Islam on the 12th. By 17 January, Islam was appointed the first Finance Secretary of Bangladesh. Government service in Bangladesh Finance secretary As he worked on building the country's financial system, Islam also traveled with Sheikh Mujib and the other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Bank For Reconstruction And Development
The International Bank for Reconstruction and Development (IBRD) is an international financial institution, established in 1944 and headquartered in Washington, D.C., United States, that is the lending arm of World Bank Group. The IBRD offers loans to middle-income developing countries. The IBRD is the first of five member institutions that compose the World Bank Group. The initial mission of the IBRD in 1944, was to finance the reconstruction of European nations devastated by World War II. The IBRD and its concessional lending arm, the International Development Association (IDA), are collectively known as the World Bank as they share the same leadership and staff. Following the reconstruction of Europe, the Bank's mandate expanded to advancing worldwide economic development and eradicating poverty. The IBRD provides commercial-grade or concessional financing to sovereign states to fund projects that seek to improve transportation and infrastructure, education, domestic pol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ICRA Limited
ICRA Limited (ICRA) is an Indian independent and professional investment information and credit rating agency. The company was established in 1991, and was originally named ''Investment Information and Credit Rating Agency of India Limited'' (IICRA India). It was a joint-venture between Moody's and various Indian commercial banks and financial services companies. The company changed its name to ''ICRA Limited'', and went public on 13 April 2007, with a listing on the Bombay Stock Exchange and the National Stock Exchange. As of end December 2020, Moody's Corporation owns a 51.86% majority stake. ICRA Credit Rating ICRA's credit ratings are symbolic representations of its current opinion on the relative credit risks associated with the rated debt obligations/issues. These ratings are assigned on an Indian (that is, national or local) credit rating scale for Indian Rupee denominated debt obligations. ICRA ratings may be understood as relative rankings of credit risk within India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Rating Agency Of Bangladesh Limited
Credit Rating Agency of Bangladesh Ltd. (''CRAB'') is the leading credit rating company in Bangladesh. CRAB is a technical partner of ICRA Limited, India. The company was promoted by some of the leading industrial and business personalities of the country as well as institutional investors. CRAB is an external credit assessment institution accredited by Bangladesh Bank, the central bank of Bangladesh. This allows the company's ratings to be used by banks and financial institutions for capital adequacy reporting under Basel 2 Basel II is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. It is now extended and partially superseded by Basel III. The Basel II Accord was publis ... and 3. It is also accredited with Insurance Development & Regulatory Authority of Bangladesh for rating of insurance companies. CRAB has by 2014 rated more than 4,000 entities and instruments. Over the year ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Industrial Development Organization
The United Nations Industrial Development Organization (UNIDO) (French: Organisation des Nations unies pour le développement industriel; French/Spanish acronym: ONUDI) is a specialized agency of the United Nations that assists countries in economic and industrial development. It is headquartered at the UN Office in Vienna, Austria, with a permanent presence in over 60 countries. As of April 2019, UNIDO comprises 170 member states, which together set the organization's policies, programs, and principles through the biannual General Conference. UNIDO was established in 1966 by the UN General Assembly to promote and accelerate the industrialization of developing countries, which were emerging from decolonization in record numbers and with little to no industrial base. In 1979 it became one of the 15 specialized agencies of the UN, with its new constitution coming into force in 1985. Since its founding, the organization has restructured and reformed several times; the 2013 Lim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ziaur Rahman
Lt. General Ziaur Rahman (19 January 1936 – 30 May 1981), was a Bangladeshi military officer and politician who served as the President of Bangladesh from 1977 to 1981. He was assassinated on 30 May 1981 in Chittagong in an army coup d'état. Rahman was a Bangladesh Forces Commander of BDF Sector 1 initially, and from June as BDF commander of BDF Sector 11 of the Bangladesh Forces and the Brigade Commander of Z Force from mid-July during the country's Independence war from Pakistan in 1971. He originally broadcast the Bangladesh declaration of independence on 27 March from Kalurghat radio station in Chittagong. After the war of Independence, Rahman became a brigade commander in Bangladesh Army, and later the deputy chief of staff and chief of staff of Bangladesh Army. His ascent to leadership of the country resulted from a conspiracy that had begun with the killing of Sheikh Mujibur Rahman, the founding president of Bangladesh, in a military coup d'état followed by ... [...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 B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Bank, Limited
Dubai (, ; ar, wikt:دبي, دبي, translit=Dubayy, , ) is the List of cities in the United Arab Emirates#Major cities, most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of the Middle East and North Africa. D Long, B Reich. p.157 Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century with a focus on Tourism in Dubai, tourism and luxury, having the second most five-star hotels in the world, and the tallest building in the world, the Burj Khalifa, which is tall. In the eastern Arabian Peninsula on the coast of the Persian Gulf, it is also a major global transport hub for passengers and cargo. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. A centre for regional and international trade since the early 20th century, Economy of Dubai, Dubai's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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