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Probashi Kallyan Bank
Probashi Kallyan Bank is a state-owned bank in Bangladesh, a specialized financial institution for non-resident Bangladeshis. History The Bank was started in 2010 by the Government of Bangladesh to provide financial services to oversea Bangladeshis. It had a start up capital of 1 billion taka. 95 percent of the capital came from Wage Earners' Welfare Fund and five percent from the government of Bangladesh. On 11 September 2016, Md Wahiduzzaman Khandaker was appointed Managing Director of Probashi Kallyan Bank. The bank has faced allegations of corruption and nepotism. The bank also faced manpower shortages in 2020 harming daily operations of the bank. Expatriates' Welfare Minister Imran Ahmad is March 2021 announced plans to establish branches of the bank in every Upazlia in Bangladesh. In August 2021, Probashi Kallyan Bank signed an agreement with NCC Bank to cooperate in remittance disbursement. Probashi Kallyan Bank established a currency exchange booth at the Hazrat Shah ... [...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] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ahmed Munirus Salehin
Ahmad ( ar, أحمد, ʾAḥmad) is an Arabic male given name common in most parts of the Muslim world. Other spellings of the name include Ahmed and Ahmet. Etymology The word derives from the root (ḥ-m-d), from the Arabic (), from the verb (''ḥameda'', "to thank or to praise"), non-past participle (). Lexicology As an Arabic name, it has its origins in a Quranic prophecy attributed to Jesus in the Quran which most Islamic scholars concede is about Muhammad. It also shares the same roots as Mahmud, Muhammad and Hamed. In its transliteration, the name has one of the highest number of spelling variations in the world. Though Islamic scholars attribute the name Ahmed to Muhammed, the verse itself is about a Messenger named Ahmed, whilst Muhammed was a Messenger-Prophet. Some Islamic traditions view the name Ahmad as another given name of Muhammad at birth by his mother, considered by Muslims to be the more esoteric name of Muhammad and central to understanding his nat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Md Mazibur Rahman
MD, Md, mD or md may refer to: Places * Moldova (ISO country code MD) * Maryland (US postal abbreviation MD) * Magdeburg (vehicle plate prefix MD), a city in Germany * Mödling District (vehicle plate prefix MD), in Lower Austria, Austria People * Muhammad (name) or Mohammed (Md) Arts, entertainment, and media Music * ' or ' (MD or m.d.; "right hand"), in piano scores * Music director * Mini Disc Other arts, entertainment, and media * ''MDs'' (TV series), 2002 * ', ("Materials and discussions for the analysis of classical texts"), an Italian journal Brands and enterprises * Air Madagascar, IATA airline code * McDonnell Douglas aircraft model prefix * MD Helicopters Science and technology Biology and medicine * Doctor of Medicine, a medical degree * Medial dorsal nucleus, a cluster of neurons in the thalamus * Muscular dystrophy, a group of diseases involving breakdown of skeletal muscles * Ménière's disease, a disorder of the inner ear * MD (Ayurveda), a degree in Indian me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, FICC services ( fixed income instruments, currencies, and commodities) or research (macroeconomic, credit or equity research). Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket (upper tier), Middle Market (mid-level businesses), and boutique ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wage Earners' Welfare Fund
Wages Earners’ Welfare Fund is a Bangladesh government fund that was created for the welfare of migrant workers and financed by mandatory contributions from migrant workers under the Ministry of Expatriates' Welfare and Overseas Employment. It is managed by the Wage Earners' Welfare Board. History Wages Earners’ Welfare Fund was established in 1990 based on the Emigration Ordinance of 1982. Its formation was supported by Promoting Decent Work through Improved Migration Policy and its Application in Bangladesh, a project of International Labour Organization The International Labour Organization (ILO) is a United Nations agency whose mandate is to advance social and economic justice by setting international labour standards. Founded in October 1919 under the League of Nations, it is the first and o .... An audit in 2003 found 390 million taka was embezzled from the fund between 1997 and 2001. The government uses the fund to repatriate dead migrant workers. References 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imran Ahmad
Imran Ahmad (born 22 April 1948) is a Bangladesh Awami League politician, businessman and the Minister of Expatriates' Welfare and Overseas Employment since 2019. He is a member of parliament from Sylhet-4. Early life and education Imran was born into a Bengali Muslim family in the city of Demra, Bengal Presidency, British India. His father was Harun Sheikh and his mother was Mst. Yanur Begum. Their home was in Jessore in Manirampur Upazila. He completed his SSC education at the Bawany High School in Demra and finished his upper education. He graduated from the University of Dhaka with a Bachelor of Arts Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four years ... in geography. Career Imran was elected a Member of Parliament from Sylhet-4 constituency in 1983 as a candidate of Bangladesh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upazila
An ''upazila'' ( bn, উপজেলা, upôzela, lit=sub-district pronounced: ), formerly called ''thana'', is an administrative region in Bangladesh, functioning as a sub-unit of a district. It can be seen as an analogous to a county or a borough of Western countries. Rural upazilas are further administratively divided into union council areas (union parishads). Bangladesh ha495 upazilas(as of 20 Oct 2022). The upazilas are the second lowest tier of regional administration in Bangladesh. The administrative structure consists of divisions (8), districts (64), upazilas (495) and union parishads (UPs). This system of devolution was introduced by the former military ruler and president of Bangladesh, Lieutenant General Hossain Mohammad Ershad, in an attempt to strengthen local government. Below UPs, villages (''gram'') and ''para'' exist, but these have no administrative power and elected members. The Local Government Ordinance of 1982 was amended a year later, redesignatin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Md Zahidul Haque
MD, Md, mD or md may refer to: Places * Moldova (ISO country code MD) * Maryland (US postal abbreviation MD) * Magdeburg (vehicle plate prefix MD), a city in Germany * Mödling District (vehicle plate prefix MD), in Lower Austria, Austria People * Muhammad (name) or Mohammed (Md) Arts, entertainment, and media Music * ' or ' (MD or m.d.; "right hand"), in piano scores * Music director * Mini Disc Other arts, entertainment, and media * ''MDs'' (TV series), 2002 * ', ("Materials and discussions for the analysis of classical texts"), an Italian journal Brands and enterprises * Air Madagascar, IATA airline code * McDonnell Douglas aircraft model prefix * MD Helicopters Science and technology Biology and medicine * Doctor of Medicine, a medical degree * Medial dorsal nucleus, a cluster of neurons in the thalamus * Muscular dystrophy, a group of diseases involving breakdown of skeletal muscles * Ménière's disease, a disorder of the inner ear * MD (Ayurveda), a degree in Indian me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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