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
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 ...
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
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 b ...
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 Shahjalal International Airport in June 2022. In September 2022,
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 ...
was appointed Managing Director of Probashi Kallyan Bank. The previous Managing Director of the Bank,
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 ...
, was appointed Managing Director of
Rajshahi Krishi Unnayan Bank
Rajshahi Krishi Unnayan Bank is a state-owned specialized bank in Bangladesh, a specialized financial institution for financing the farmers of the 16 districts of Rajshahi and Rangpur. The headquarters of the bank is in Rajshahi.
History
Rajsha ...
.
References
External links
*
Banks of Bangladesh
Banks established in 2010
Bangladeshi diaspora
Bangladeshi companies established in 2010
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