Sonali Bank Limited
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 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 billion respectively. T ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Crest (heraldry)
A crest is a component of a heraldic display, consisting of the device borne on top of the helm. Originating in the decorative sculptures worn by knights in tournaments and, to a lesser extent, battles, crests became solely pictorial after the 16th century (the era referred to by heraldists as that of "paper heraldry"). A normal heraldic achievement consists of the shield, above which is set the helm, on which sits the crest, its base encircled by a circlet of twisted cloth known as a torse. The use of the crest and torse independently from the rest of the achievement, a practice which became common in the era of paper heraldry, has led the term "crest" to be frequently but erroneously used to refer to the arms displayed on the shield, or to the achievement as a whole. Origin The word "crest" derives from the Latin ''crista'', meaning "tuft" or "plume", perhaps related to ''crinis'', "hair". Crests had existed in various forms since ancient times: Roman officers wore fans of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bangladesh Bank
Bangladesh Bank ( bn, বাংলাদেশ ব্যাংক) is the central bank of Bangladesh and is a member of the Asian Clearing Union. It is fully owned by the Government of Bangladesh. The bank is active in developing green banking and financial inclusion policy and is an important member of the Alliance for Financial Inclusion. Bangladesh Financial Intelligence Unit (BFIU), a department of Bangladesh Bank, has got the membership of Egmont Group of Financial Intelligence Units. Bangladesh Bank is the first central bank in the world to introduce a dedicated hotline (16236) for people to complain about any banking-related problem. Moreover, the organisation is the first central bank in the world to issue a "Green Banking Policy". To acknowledge this contribution, then-governor Dr. Atiur Rahman was given the title 'Green Governor' at the 2012 United Nations Climate Change Conference, held at the Qatar National Convention Centre in Doha. History On 7 April 1972, af ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bangladesh Petroleum Corporation
Bangladesh Petroleum Corporation () (BPC) is a government agency in Bangladesh to import, distribute and market oil and petroleum products. A. B. M. Azad is the chairperson of Bangladesh Petroleum Corporation. History Founded in 1976 by Presidential Ordinance to import and distribute crude oil, fuel, lubricating oil, and petroleum products in Bangladesh. It is managed by the Ministry of Power, Energy and Mineral Resources. Bangladesh Petroleum Corporation had an annual import level of as much as 29 million barrels as of 2009. The 2017 Economic Survey found Bangladesh Petroleum Corporation to be the most profitable state-owned enterprises. It made more than 90 billion taka in the 2015-16 fiscal year. Bangladesh Petroleum Corporation decided not to sell oil to Biman Bangladesh, the state owned airlines, on credit for because the airlines outstanding due had crossed 16 billion taka in December 2017. On 20 February 2018, Bangladesh Petroleum Corporation sought permission from th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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BEXIMCO
Bangladesh Export Import Company Limited ( Bangla Transliteration: বাংলাদেশ এক্সপোর্ট ইমপোর্ট কোম্পানি লিমিটেড, romanised: ''Bānglādēsh ēkspōrṭ impōrṭ kōmpāni limiṭēḍ''), commonly known by its trade name BEXIMCO ( Bangla: বেক্সিমকো) ( DSE: BEXIMCO CSE: BEXIMCO), is a Bangladeshi multinational conglomerate holding company, headquartered in Dhaka, Bangladesh. It was founded in the early 1970s. Beximco is Bangladesh's largest conglomerate, with the largest market capitalisation on the country's stock market. BEXIMCO's subsidiaries export products to 55 countries worldwide. It has retail outlets in South Asia and Eastern Europe. Beximco operates one of the largest integrated textile production businesses in Asia. Its main manufacturing base is the Beximco Industrial Park in Gazipur, Bangladesh. Beximco Pharma, the group's pharmaceutical producer, was the first Banglad ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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East West Property Development Limited
Bashundhara Group ( bn, বসুন্ধরা গ্রুপ) is a Bangladeshi conglomerate. It is one of the largest manufacturing companies in Bangladesh. It was incorporated in 1987 as a real estate company venture under the name East West Property Development Ltd (EWPD). The first project of EWPD turned out to be very successful. After then, the company grew very quickly. It presently owns more than 50 major concerns located throughout Bangladesh. History Bashundhara Group ( Ahmed Akbar Sobhan, is the founder and chairman of Bashundhara Group.) began in 1987 as real estate venture. After its first successful project, Bashundhara invested in new fields, including manufacturing, industry and trading. More enterprises were established in the early 1990s; these included cement, paper, pulp, tissue paper and steel production, as well as LP Gas bottling and distribution. On 4 February 2014, The Bangladesh Supreme Court ordered Bashundhara Group officials to surrender before it ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bangladesh Textile Mills Corporation
Bangladesh Textile Mills Corporation, or BTMC, is a public corporation that owns and manages all government textile mills in Bangladesh and is located in Dhaka. It manages 18 government owned textile factories. History The corporation was established on 26 March 1972 through the nationalization of textile mill Textile Manufacturing or Textile Engineering is a major industry. It is largely based on the conversion of fibre into yarn, then yarn into fabric. These are then dyed or printed, fabricated into cloth which is then converted into useful goods ...s in Bangladesh. It owns Eagle Textile in Chittagong. The Ministry for Textiles and Jute is responsible for running the corporation. The corporation has the largest liability of any state owned enterprise in Bangladesh with 76.54 billion taka in loans. Nearly 99% of its loans are in default. Rangamati Textile Mill is also owned by the corporation. It used to manage 86 government owned textile mills which has been reduced to th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chittagong Jute Manufacturing Company Limited
Chittagong ( /ˈtʃɪt əˌɡɒŋ/ ''chit-uh-gong''; ctg, চিটাং; bn, চিটাগং), officially Chattogram ( bn, চট্টগ্রাম), is the second-largest city in Bangladesh after Dhaka and third largest city in Bengal region. It is the administrative seat of the eponymous division and district. It hosts the busiest seaport on the Bay of Bengal. The city is located on the banks of the Karnaphuli River between the Chittagong Hill Tracts and the Bay of Bengal. The Greater Chittagong Area had a population of more than 5.2 million in 2022. In 2020, the city area had a population of more than 3.9 million. One of the world's oldest ports with a functional natural harbor for centuries, Chittagong appeared on ancient Greek and Roman maps, including on Ptolemy's world map. It was located on the southern branch of the Silk Road. In the 9th century, merchants from the Abbasid Caliphate established a trading post in Chittagong. The port fell to the Muslim con ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Khulna Newsprint Mills Limited
Khulna Newsprint Mills Limited () was a Bangladesh government owned newsprint company and factory. It was the largest newsprint factory in Bangladesh. History Khulna Newsprint Mills Limited was established in 1959 in Khalishpur Industrial Area, Khulna. The factory is located on a 87 acre site which includes housing for workers, officers, school, madrassah, and a mosque. Khulna Newsprint supplied cheaper papers than KarnaFuli Paper Mill, the largest papermill in Bangladesh. It was financed under the Colombo Plan by Export Credit Insurance Corporation, which later became Export Development Canada in 1969. Equipment at the factory was supplied by Canadian General Electric. The Khulna Newsprint Mills Limited factory was closed down on 30 November 2002. It was closed due to following an increase in the cost of furnace oil. From 2002 to 2012, the Government of Bangladesh spent 100 million taka maintaining the factory and paying salaries. In 2005, 13 acre of the factory was leased to Bang ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Atiur Rahman
Atiur Rahman ( bn, আতিউর রহমান; born 3 August 1951) is a Bangladeshi development economist, writer and banker. He served as the 10th Governor of Bangladesh Bank, which is the central bank of Bangladesh. He has also been called "the banker of the poor" for his contributions in developing the economy of Bangladesh. Atiur Rahman is credited for instituting changes in the banking industry of Bangladesh that greatly increased the foreign exchange reserves of the country and brought massive automation and digitization in the banking sector of Bangladesh. Achievements during his tenure include the creation of the National Payment Switch of Bangladesh; introducing automated check clearing for banks in Bangladesh using local currency cheques; starting mobile banking, which lets people carry out banking transactions via SMS (text messages) or apps; establishing the Bangladesh Electronic Funds Transfer Network (BEFTN), which is a system of transferring money from one ba ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bangladeshi Taka
The Bangladeshi taka ( bn, টাকা, currency sign, sign: , ISO 4217, code: BDT, Short form (linguistics), short form: Tk) is the currency of the Bangladesh, People's Republic of Bangladesh. In Unicode, it is encoded at . Issuance of bank notes 10 and larger is controlled by Bangladesh Bank, while the 2 and 5 banknotes are the responsibility of the Ministry of Finance (Bangladesh), ministry of finance of the government of Bangladesh. The banknotes of Tk. 2 and Tk.5 have mostly been replaced by coins while lower denomination coins (including all poysha coins) up to Tk. 1 have almost gone out of circulation due to inflation. The most commonly used symbol for the taka is "" and "Tk", used on receipts while purchasing goods and services. It was formerly divided into 100 paisa, poysha, but poysha coins are no longer in circulation. Etymology According to ''The American Heritage Dictionary of the English Language'' and ''Banglapedia'', the word ''taka'' came from the Sanskrit ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banglapedia
''Banglapedia:'' ''the'' ''National Encyclopedia of Bangladesh'' is the first Bangladeshi encyclopedia. It is available in print, CD-ROM format and online, in both Bengali and English. The print version comprises fourteen 500-page volumes. The first edition was published in January 2003 in ten volumes by the Asiatic Society of Bangladesh, with a plan to update it every two years. The second edition was issued in 2012 in fourteen volumes. ''Banglapedia'' was not designed as a general encyclopedia but as a specialized encyclopedia on Bangladesh-related topics. For the encyclopedia's purposes, Bangladesh is defined as the territory comprising ancient Eastern India, Bengal Sultanate, Bengal Subah, Bengal Presidency, East Bengal, East Pakistan, and the independent Bangladesh, in historical succession. The encyclopedia's chief editor is Sirajul Islam. Over 1450 writers and specialists in Bangladesh and abroad helped create the entries. ''Banglapedia'' has over 5,700 entries in six edi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bangladesh Liberation War
The Bangladesh Liberation War ( bn, মুক্তিযুদ্ধ, , also known as the Bangladesh War of Independence, or simply the Liberation War in Bangladesh) was a revolution and War, armed conflict sparked by the rise of the Bengali nationalism, Bengali nationalist and self-determination movement in East Pakistan, which resulted in the independence of Bangladesh. The war began when the Pakistani Military dictatorship, military junta based in West Pakistan—under the orders of Yahya Khan—launched Operation Searchlight against the people of East Pakistan on the night of 25 March 1971, initiating the 1971 Bangladesh genocide, Bangladesh genocide. In response to the violence, members of the Mukti Bahini—a guerrilla resistance movement formed by Bengali military, paramilitary and civilians—launched a mass Guerrilla warfare, guerrilla war against the Pakistani military, liberating numerous towns and cities in the initial months of the conflict. At first, the Pakis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |