Obayed Ullah Al Masud
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Obayed Ullah Al Masud
Md Obayed Ullah Al Masud is a Bangladeshi banker who was the Managing Director of Sonali Bank and Rupali Bank. He is a director of Padma Bank. Early life and education Masud completed his Bachelors and Masters in Commerce from the University of Dhaka in 1982. He completed an MBA from the Institute of Business Administration, University of Dhaka in 1988. Career Masud joined Agrani Bank in 1983 as a senior officer. In 2011, Masud became the Deputy Managing Director of Agrani Bank. He then worked as the Managing Director of Karmasangsthan Bank. From 24 August 2016 to 24 August 2019, Masud was the Managing Director of Sonali Bank. During his term he worked on recovering defaulted loans. He also introduced low interest housing loans for government officers. In January 2017, Masud was elected an executive member of Bangladesh Foreign Exchange Dealers' Association. On 21 August 2019, he was appointed Managing Director of Rupali Bank and Ataur Rahman Prodhan replaced him as the M ...
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Sonali Bank
Sonali Bank Limited ( bn, সোনালী ব্যাংক লিমিটেড) is the principal state-owned leading public commercial bank in Bangladesh. It is the largest bank in the country. Ziaul Hasan Siddiqui is the chairman of the Bank. Niranjan Chandra Debnath and Sanchia Binte Ali are the deputy managing directors of the bank. History Sonali Bank was established in 1972 under the Bangladesh Banks (Nationalisation) Order, through the amalgamation and nationalisation of the branches of National Bank of Pakistan, Bank of Bahawalpur, and Premier Bank branches located in East Pakistan until the 1971 Bangladesh Liberation War. When it was established, Sonali Bank had a paid up capital of 30 million Bangladeshi taka, taka. From 1996 to 1999, Dr Atiur Rahman served as a director of Sonali Bank. In 2001, its authorised and paid up capital were Tk 10 billion and Tk 3.272 billion respectively. Presently, its authorised and paid up capital is Tk 10 billion and Tk 9 billi ...
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Rupali Bank Limited
Rupali Bank ( bn, রূপালী ব্যাংক) is a state owned commercial bank in Bangladesh. Its headquarters is in 34 Dilkusha, Dhaka. Kazi Sanaul Haque is the chairman of the bank. Mohammad Jahangir is the managing director of the bank. History Rupali Bank Limited was constituted with the merger of 3 erstwhile commercial banks i.e. Muslim Commercial Bank Limited, Australasia Bank Limited and Standard Bank which operated in the then East Pakistan on 26 March 1972, under the Bangladesh Banks (Nationalization) Order 1972. Rupali Bank worked as a nationalized commercial bank until 13 December 1986. When the Bank went public but the majority of the shares are still retained by the Government. Rupali Bank Limited emerged as the largest Public Limited Banking Company of the country on 14 December 1986. Rupali Bank automated its foreign exchange services in January 1999. From 1994 to 2003, Hafiz Ibrahim, member of parliament from Bhola served as the director of Rupali ...
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Padma 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 ...
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Agrani Bank
Agrani Bank Limited (ABL) ( bn, অগ্রণী ব্যাংক) is a state-owned commercial bank of Bangladesh established in 1972. Its headquarters is situated at Motijheel in Dhaka, the capital city of Bangladesh. Murshedul Kabir is the CEO and managing director of Agrani Bank. History Agrani Bank Limited was established on 26 March 1972 by combining two abandoned Pakistani banks, Commerce Bank and Habib Bank. The bank is fully owned by the Government of Bangladesh. M. Fazlur Rahman was the first managing director of the bank. Agrani Bank is governed by a board of directors consisting of 12 members headed by a chairman. In 1995, Agrani Bank installed the first Automated teller machine in Bangladesh at the Jatiya Press Club. In 2006, Purbo Banglar Communist Party, demanded toll from six branches of Agrani Bank. In 2007, Agrani Bank, led by chairperson Siddiqur Rahman Choudhury, along with two other state owned banks, Sonali Bank Limited and Janata Bank Limited, w ...
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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 ...
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Bangladesh Foreign Exchange Dealers' Association
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the List of countries and dependencies by population density, 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 list of cities and towns in Bangladesh, 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 language, Bengali, one of the easternmost branches of the Indo-Europe ...
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