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United Commercial Bank (Bangladesh)
United Commercial Bank PLC (UCB) is a private commercial bank in Bangladesh that is not a foreign bank (FCB) and is listed in Dhaka's stock exchange, as well as the Chittagong Stock Exchange. It was established in 1983, twelve years after independence. History The bank was incorporated on 26 June 1983. The government owns shares in the bank. The bank is listed in both Dhaka Stock Exchange (DSE) by 1986 and Chittagong Stock Exchange (CSE) by 1995. On 8 April 1993, a director of the United Commercial Bank, Humayun Zahir, was shot dead following a dispute with other bank directors. Another director, Akhtaruzzaman Chowdhury Babu, was accused of the murder. Babu fled the country and returned in 1996 after the Awami League government came to power replacing the Bangladesh Nationalist Party. On 26 August 1999, Akhtaruzzaman Chowdhury Babu forced his way into a meeting of the board of directors with his son, Saifuzzaman Chowdhury, and hired thugs and took over the bank at gunpoint. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Akhtaruzzaman Chowdhury Babu
Akhtaruzzaman Chowdhury Babu (1 May 1945 – 4 November 2012) was a Bangladesh Awami League politician and a former Jatiya Sangsad member representing the Chittagong-12 constituency. He was awarded Independence Award in 2021 posthumously. He was also the principal accused of the murder of businessman Humayun Zahir and was infamous for his role in capturing United Commercial Bank Ltd putting the board members at gunpoint. Early life Babu was born on 1 May 1945. He was elected to East Pakistan provincial assembly from Anwara-West Patia in 1970. He was involved with Bangladesh Chhatra League as a student. During Bangladesh Liberation war, he organized Swadhin Bangla Betar Kendra in Chittagong. Career Babu was elected to Parliament on in 1986, 1991, and 2008 from Chittagong-12 as a Bangladesh Awami League candidate. He was made the president of the South Chittagong District unit of the Awami League in 1977, a position held till his death. He was the founder and chairman of United ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sheikh Hasina
Sheikh Hasina Wazed (''née'' Sheikh Hasina ; ; bn, শেখ হাসিনা ওয়াজেদ, Shēkh Hasinā, , born 28 September 1947) is a Bangladeshi politician who has served as the Prime Minister of Bangladesh, Prime Minister of Bangladesh since January 2009. Hasina is the daughter of the founding father and first President of Bangladesh, President of Bangladesh, Bangabandhu Sheikh Mujibur Rahman. She previously served as prime minister from June 1996 Bangladeshi general election, June 1996 to 2001 Bangladeshi general election, July 2001. She is the longest serving prime minister in the History of Bangladesh (1971–present), history of Bangladesh, having served for a combined total of over 18 years. As of , she is the world's longest-serving female Head of government, Head of Government in history. Hasina's term as the Prime Minister witnessed worsening security situation that includes the Bangladesh Rifles revolt in 2009 which killed 56 officers of Banglades ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Bangladesh With Islamic Banking Services
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 an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Bangladesh
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1983
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] |
Banglalink
Banglalink Digital Communications Ltd., d.b.a. Banglalink ( bn, বাংলালিংক; previously Orascom Telecom Bangladesh Ltd.) is a Bangladeshi telecommunications company headquartered in Dhaka. It's the third-largest mobile network operator in Bangladesh. It is fully owned by Indian-domiciled multinational telecommunications company Reliance Jio Banglalink attained 1 million subscribers by December 2005, and 3 million subscribers by October 2006. In less than two years, by December 2007, Banglalink overtook Aktel (now Robi) to become the second-largest operator in Bangladesh with more than 7.1 million customers. Banglalink had 1.03 million connections until December 2005. The number of Banglalink users increased by 257% and stood at 3.64 million at the end of 2006, making it the fastest-growing operator in the world of that year. In August 2006, Banglalink became the first company to provide free incoming calls from BTTB for both postpaid and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robi (company)
Robi Axiata Limited, doing business as Robi, is the second largest mobile network operator in Bangladesh currently owned by two major stakeholders being Axiata and Bharti Airtel. In this company, Axiata of Malaysia holds a major controlling stake of 61.82%, Bharti Airtel of India holds 28.18%, and remaining 10% stake is hold by investors in DSE and CSE. Robi first commenced operation in 1997 as Telekom Malaysia International (Bangladesh) with the brand name ‘AKTEL’. In 2010 the company was re-branded to ‘Robi’ and the company changed its name to Robi Axiata Limited. Robi Axiata has spectrum on GSM 900, 1800 and 2100 MHz bands. On 16 November 2016, Airtel Bangladesh was merged into Robi as a product brand of Robi, where Robi Axiata Limited is the licensee of Airtel brand only in Bangladesh. Having successfully completed the merger process, Robi has emerged as the second largest mobile phone operator in Bangladesh. Controversies: History Robi Axiata Limited star ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grameenphone
Grameenphone, widely abbreviated as (d/b/a) GP, is the leading telecommunications service provider in Bangladesh, with 83.02 million subscribers (as of January 2022). It is a joint venture between Telenor and Grameen Telecom Corporation. Telenor, a telecommunication company from Norway, owns a 55.8% share of Grameenphone, Grameen Telecom owns 34.2% and the remaining 10% is publicly held. Grameenphone was the first company to introduce GSM technology in Bangladesh. Grammenphone was the first private company to introduce 5G network in Bangladesh, which was first tested in Dhaka and Chittagong metro area in mid-2022. In September 2022, Grameenphone successfully conducted trials for the second time in Dhaka, Chittagong, Sylhet, Khulna, Rajshahi, Barisal, Mymensingh and Rangpur cities. History Founder Iqbal Quadir founded Grameenphone to provide universal mobile phone access throughout Bangladesh, including its rural areas. He was inspired by the Grameen Bank micro-credit model a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
Partex Group
Partex Group is one of the largest family-run conglomerates in Bangladesh, consisting of over 70 factories. The industries under this conglomerate include foods and beverages, steel, real estate, furniture, agribusiness, plastics, etc. History It started in 1962, by industrialist M. A. Hashem with commodity trading. Now it owns over 70 subsidiaries from tobacco to consumer goods, furniture, textile and the IT sector. It has split into two groups to improve management of its subsidiaries - Partex Holdings and Partex Star Group. Partex's companies are in nearly all sectors, including food and beverages, plastics, fabrics, cotton, sugar, paper, jute, shipping, furniture, agribusiness, oil, cables, aviation, PVC, telecommunication, logistics, fisheries, education, services, IT, denim fabric industry and many more. M. A. Hashem also founded two leading private banks in Bangladesh – The City Bank and United Commercial Bank Limited (UCB). List of companies *Partex Cables Limit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mustafa Monwar
Mustafa Monwar (born 1 September 1935) is a Bangladeshi artist. He is a painter, sculptor, radio performer and professor of fine arts. He is currently the chairman of Bangladesh Shishu Academy. He was awarded Ekushey Padak in 2004 by the Government of Bangladesh. Early life Monwar is the son of poet Golam Mostofa. He passed his matriculation exam from Narayanganj Government High School. He was initially admitted to the Scottish Church College of the University of Calcutta where he studied science. Following the advice of the author Syed Mujtaba Ali, he transferred to the Government College of Art & Craft, Kolkata from where he graduated obtaining best result in his class. Career Monwar started his career as lecturer at the East Pakistan College of Arts and Crafts. Later, he joined Bangladesh Television (BTV) as director general. Later he became the director general of the Bangladesh Shilpakala Academy and the National Media Institute. He also served as a managing director of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rafiqun Nabi
Rafiqun Nabi (born 28 November 1943), better known as Ranabi, is a Bangladeshi artist and cartoonist. He is best known for creating '' Tokai'', a character symbolizing the poor street boys of Dhaka who lives on picking things from dustbins or begging and having a knack of telling simple yet painful truths about current political and socio-economic situation of the country. He was awarded Ekushey Padak in 1993 by the government of Bangladesh. Early life and education Nabi was born in Nawabganj District in northwest Bangladesh in 1943. He started drawing in his childhood. In the early 1950s, his father took him to a painting exhibition, held at the then Bardhaman House (now Bangla Academy). He completed his bachelor's and master's from the East Pakistan College of Arts and Crafts (now Faculty of Fine Arts, University of Dhaka). He studied under the supervision of artists like Zainul Abedin and Quamrul Hassan. He received a scholarship from the Asia Foundation between 1962 and 1964. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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