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Topic: Bangladesh Bank


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In the News (Wed 15 Feb 12)

  
  Bangladesh Bank - Wikipedia, the free encyclopedia
Bangladesh Bank is the central bank of Bangladesh.
After the liberation war, and the independence of Bangladesh, the Governement of Bangladesh reorganized the Dhaka branch of the State Bank of Pakistan as the central bank of the country, and named it Bangladesh Bank.
Bangladesh Bank performs all the functions which a central bank of any country is expected to perform, and such functions include maintaining the price stability, supporting the economic and monetary policies of the central government, managing the country’s foreign exchange and the gold reserve.
en.wikipedia.org /wiki/Bangladesh_Bank   (216 words)

  
 Bangladesh Country Analysis Brief   (Site not responding. Last check: 2007-11-05)
Bangladesh's real GDP grew at an estimated rate of 5.3% in 2003, and growth is projected to remain steady at 5.3% in 2004.
Bangladesh has had relatively low natural gas prices by international standards, with electricity consumers, plus fertilizer plants and households, receiving around $600 million a year in direct subsidies and savings associated with their gas consumption.
Bangladesh's installed electric generating capacity in 2002 was 3.6 gigawatts (GW), of which 94% was thermal (mainly natural-gas-fired), and the remainder hydroelectric, at 18 power stations.
www.eia.doe.gov /cabs/bangla.html   (3338 words)

  
 Nepal Bangladesh Bank   (Site not responding. Last check: 2007-11-05)
Nepal Bangladesh Bank Ltd. was established in June 1994 with an authorized capital of Rs.
The prime objective of this Bank is to render banking services to the different sectors like industries, traders, businessmen, priority sector, small entrepreneurs and weaker section of the society and every other people who need Banking Services.
The Bank has earned the glory of making available the services to almost all the top business houses of the country and it occupies one of the leading positions among the Joint Venture Banks in Nepal.
www.nbbl.com.np /intro.htm   (312 words)

  
 USAID - Asia and the Near East - Countries - Bangladesh
A moderate Islamic democracy, Bangladesh is an important ally of the United States.
Bangladesh is the seventh most populous country in the world.
Bangladesh is regularly threatened by floods and cyclones.
www.usaid.gov /locations/asia_near_east/countries/bangladesh/bangladesh.html   (706 words)

  
 GN Online: Bangladesh bank lures funds away from illegal remittance channels
Bangladesh's sole retail bank operating in the UAE is trying to persuade Bangladeshis here to remit money legally instead of through unofficial channels.
Khan said the bank offers competitive packages including attractive taka-dirham conversion rates, three prizes for the top three remitters on a quarterly basis, and an attractive prize for the non-resident Bangladeshi procuring the highest number of telegraphic transfers and drafts in a year.
The Janata Bank began its UAE operations in 1974 with a regional office in Abu Dhabi and branches in Abu Dhabi, Al Ain, Dubai and Sharjah.
www.gulf-news.com /Articles/news.asp?ArticleID=10513   (552 words)

  
 Bangladesh News.Net
Although some were trafficked out of Bangladesh, others were sent by their parents to work or were born there to expatriate Bangladeshi workers.
Bangladesh have included one uncapped player in the 15-man one-day squad for their tour of Sri Lanka, the Bangladesh Cricket...
Bangladesh News.Net is part of an international network of news sites, dedicated to the major regions, countries and cities of the world.
www.thebangladeshnews.net   (844 words)

  
 Environment: Mundane economics: Grameen banking - Grameen Bank of Bangladesh   (Site not responding. Last check: 2007-11-05)
An illuminating example of the application of mundane science to sustainable development is provided by the Grameen Bank of Bangladesh, which pioneered the extension of small amounts of credit to the poor.(1) The bank was the brain child of Muhammad Yunus, a professor of economics in Bangladesh.
At the heart of the Grameen Bank's solution to the problem is the "lending circle," typically a group of five women who jointly manage and guarantee their loans.
The combination of the Grameen Bank's trust in people, its education program, and its reliance on lending circles has resulted in a phenomenally high 98 percent loan repayment rate, which exceeds the rate attained by commercial banks even in developed countries (to say nothing of that of multilateral development banks).
www.findarticles.com /p/articles/mi_m1076/is_n6_v39/ai_19897095   (909 words)

  
 Grameen-Banking for the poor
When we started giving out tiny loans under a system which later became known as the Grameen Bank, we never imagined that one day we would be reaching hundreds of thousands, let alone four million, borrowers.
At Grameen Bank, credit is a cost effective weapon to fight poverty and it serves as a catalyst in the overall development of socio-economic..
Microcredit is the extension of small loans to enterpreneurs too poor to qualify for traditional bank loans.
www.grameen-info.org   (247 words)

  
 Grameen Bank article - Grameen Bank microcredit Bangladesh Muhammad Yunus Vanderbilt University - What-Means.com   (Site not responding. Last check: 2007-11-05)
The Grameen Bank is a microcredit organization that started in Bangladesh.
The Bank was founded by Muhammad Yunus, a graduate in economics from Vanderbilt University.
Grameen Bank article - Grameen Bank definition - what means Grameen Bank
www.what-means.com /encyclopedia/Grameen_Bank   (124 words)

  
 Business News   (Site not responding. Last check: 2007-11-05)
Governor of Bangladesh Bank Dr. Fakhruddin Ahmed yesterday called upon the chairmen and directors of the banks to further improve their management system for gaining the full confidence of the investors and small savers.
UNB adds: Bangladesh Bank is now arming itself with enhanced capacity to analyze more effectively the audit reports on commercial banks and take action against audit firms, if and when necessary.
Bangladesh, who emerged as a traditional raw jute supplier to India over the years, could send a meagre two lakh bales against yearly average availability of six to seven lakh bales.
independent-bangladesh.com /news/mar/06/06032005bs.htm   (5026 words)

  
 GN Online: Bangladesh Bank cuts lending rate
Bangladesh Bank Governor, Dr Farashuddin, met the minister at his planning ministry office and said that the low inflation rate, which is only 1.58 per cent, had facilitated the central bank to lower the bank rate by one per cent.
The global trend of lowering bank rates has also prompted the Bangladesh Bank to go in for the decision, he said, adding it would have a positive impact on the domestic investment scenario.
Earlier at a meeting with chief executives of NCBs, the central bank governor proposed a cut in their lending rates for the export sector, but they opposed the proposal apprehending that they would not be able to maintain profitability.
www.gulf-news.com /Articles/news.asp?ArticleID=30405   (365 words)

  
 Outline of information on Ministry of Jute for incorporation in the Website maintained in the office of the Prime ...   (Site not responding. Last check: 2007-11-05)
Bangladesh is the only country in the world having an exclusive ministry to look after the cause of jute.
The Bangladesh Jute Mills Association (BJMA) is an organized body of the owners of the private jute mills operating in the country.
The Bangladesh Jute Spinners Association established in 1979 is an all country organization representing the jute-spinning sector of Bangladesh.
www.bangladeshgov.org /jute/jute_information.htm   (2188 words)

  
 Bangladesh Business Bank
IFIC Bank is committed to the welfare and economic prosperity of the people and the community.
A global banking and financial services organisation with a vision to be the leading financial services company in Bangladesh, is headquartered in the United Kingdom.
Southeast Bank Limited is a private commercial bank, which is focused on the established and emerging markets of Bangladesh.
www.velki.com /link.asp?cat=137   (286 words)

  
 An Annotated Bibliography Of World Bank Reports and Publications on Bangladesh: The World Bank Bang
The major energy problems in Bangladesh are the high cost of oil imports to meet the country's energy needs, about 60 percent of export earnings in recent years, and declining resources of wood and other traditional fuels estimated to support roughly two-thirds of total energy consumption.
It evaluates Bangladesh's recent economic performance under the three-year adjustment program (FY87-89), reviews necessary actions to be taken to stabilize the economy in the short-term focusing particularly on public resource management, and discusses the priorities in the development agenda for accelerating economic growth and alleviating widespread poverty over the medium-term.
The main objectives are to help the Government of Bangladesh in setting out a clear vision for the development of the municipal sector and in formulating an appropriate strategy and policy reform agenda for the sector which will form a basis for donor support.
lnweb18.worldbank.org /lo%20web%20sites/bangladesh%20Web.nsf/0704a4348e105b2e462566720023975f/3351e124b8f2fa244625670d003cc7f0   (15375 words)

  
 Bangladesh Bank   (Site not responding. Last check: 2007-11-05)
CBSL is the central bank for Sri Lanka.
A Taiwanese Government-owned bank and a subsidiary of the Central Bank of China.
EMEAP is a co-operative organization of central banks and monetary authorities in the East Asia and Pacific region.
www.plusbangla.com /bank_2.htm   (2351 words)

  
 Online edition of Daily News - Business   (Site not responding. Last check: 2007-11-05)
CAI Bangladesh has been in operation since 1981 and is the second largest foreign bank in Bangladesh.
The Commercial Bank's intended acquisition of CAI Bangladesh is part of the bank's stated goal of becoming a regional player, with a focus on the SAARC region, Commercial Bank Managing Director Amitha Gooneratne said.
It is the intention of Commercial Bank to develop the retail banking capabilities of the CAI- Bangladesh after the acquisition, whilst retaining its current strengths in trade finance.
www.dailynews.lk /2003/07/25/bus02.html   (422 words)

  
 Business News   (Site not responding. Last check: 2007-11-05)
Under the circumstances, Dr Aziz said if the bank's top management claim that the incidents took place keeping them in the dark it was their failure.
According to him, Bangladesh Bank is investigating the issue of opening fake bank accounts and they are exchanging information with the SEC.
A special Managers' conference of Sunamgonj Region of Bangladesh Krishi Bank was held at the BoardRoom of the bank in the city recently.
independent-bangladesh.com /news/mar/02/02032005bs.htm   (4811 words)

  
 Cyber_Bangladesh : Finance   (Site not responding. Last check: 2007-11-05)
Securities and Exchange Commission, Dhaka, Bangladesh The Securities and Exchange Commission (SEC) was established on 8th June, 1993 under the Securities and Exchange Commission Act, 1993.
Industrial Promotion and Development Company (IPDC) of Bangladesh Limited is the first private sector development finance institution in the country.
AIMS of Bangladesh, a pioneering initiative was undertaken by some enthusiastic local and expatriate Bangladeshis to organize and float the first Mutual Fund in Bangladesh under private initiative.
www.cyberbangladesh.org /finance.html   (312 words)

  
 World Bank head flees Bangladesh after threat   (Site not responding. Last check: 2007-11-05)
A World Bank source confirmed on Friday that Wallich had received a threatening letter and that she had left the country, but would not say if her trip was pre-planned, where she had gone or when she might return.
Bomb scares and death threats have become commonplace in Bangladesh since a grenade attack on an opposition party rally in the capital on Aug. 21 that killed 19 people and wounded 150.
World has realised Bangladesh is the new havean of...
www.expressindia.com /fullstory.php?newsid=35996   (445 words)

  
 Virtual Bangladesh : Economy
It had the advantages of a mild, almost tropical climate, fertile soil, ample water, and an abundance of fish, wildlife, and fruit.
Post Independence Bangladesh had to face the devastation wrought by earlier economic exploitation during the Pakistan era as well as destruction of critical infrastructure during the war.
After many years of economic problems, Bangladesh has started to rebound with steady growth in recent years.
www.virtualbangladesh.com /economy   (363 words)

  
 Prantor Bangladesh : Bangladesh, Bangladeshi Bank websites   (Site not responding. Last check: 2007-11-05)
Agrani Bank, a leading nationalized commercial bank with 870 outlets strategically located in almost all the commercial areas throughout Bangladesh, overseas Exchange Houses and hundreds of overseas Correspondents, came into being on March 26, 1972 with the promulgation of Presidential Order no 26 of 1972.
The Bank enjoys the status of a company and functions in terms of the Banking Company Ordinance and regulations of Bangladesh Bank (the Central Bank) and upon such directions as may be changed from time to time by the Government of the People's Republic of Bangladesh.
The bank increasingly invested in people, technology and premises as its business grew in relation to the country's thriving economy.
www.prantor.com /banks_01.htm   (238 words)

  
 Bangladesh Times
KURIGRAM, BANGLADESH - Each year the floods come with greater force, but each year the women of Holokhana Shunashi are r...
DHAKA: The government of Bangladesh set up an anti- corruption commission, almost a year ago, to curb corrupt practices and to speed up disposal of corruption cases.
The Dhaka Bank Ltd., a leading local private bank, has participated in the recently concluded EDIM...
www.bangladeshtimes.com   (767 words)

  
 Bangladesh bill to protect World Bank : Bangladesh-Business/Politics-Bill- Home Finance And Loan Approval News and ...   (Site not responding. Last check: 2007-11-05)
Amid widespread protests, Bangladesh government Sunday introduced a bill in parliament providing legal immunity to overseas financial institutions, including the World Bank, for their operations in the country.
Under the existing legal provision, only officials and employees of the World Bank are given immunity from prosecution, not the bank as a body.
The proposed law would grant immunity to the World bank from every form of legal process except in cases arising from or in connection with the exercise of its powers to borrow money, guarantee obligations, or to buy and sell or underwrite the sale of securities.
www.onlypunjab.com /fullstory1004-insight-Bangladesh+bill+to+protect+World+Bank-status-25-newsID-11642.html   (771 words)

  
 Bangladesh News Digest  - Page 1   (Site not responding. Last check: 2007-11-05)
Bangladesh Bank has taken decision to take tough action against the banks, involved in "money laundering", popularly known as "hundy business".
The central bank has already issued separate show-cause notices on two private banks asking them to clarify why the licences of the concerned branches of the banks would not be cancelled for money laundering.
Bangladesh has been ranked as one of the worst prepared nations to handle the Y2K bug set to affect major sectors of the country's economy when the world enters the twenty first century.
www.bol-online.net /bnd   (321 words)

  
 Bangladesh Sun   (Site not responding. Last check: 2007-11-05)
Our objective is to provide the most comprehensive Bangladesh news available, from our resources, contracted wire services and an inventory of some thousands of sources comprising newspapers, cable and TV networks, radio stations, public broadcasters, NGOs and others, Bangladesh news is a priority.
Whether it's the latest Nikkei 225 reading in Tokyo, the sterling exchange rate in London, or the status of the Nasdaq in New York, whether it's local Bangladesh news, the weather forecast for Bangladesh you'll find it all in the Bangladesh Sun.
From Dhaka to Chattagam, the Bangladesh Sun should be your number one choice for breaking news - local, regional, and national.
www.bangladeshsun.com   (641 words)

  
 Grameen - Home page of Microcredit
It was initiated as a challenge to the conventional banking which rejected the poor by classifying them to be "not creditworthy".
If it is done through for-profit institutions not owned by the borrowers, efforts are made to keep the interest rate at a level which is close to a level commensurate with sustainability of the programme rather than bringing attractive return for the investors.
Grameencredit's thumb-rule is to keep the interest rate as close to the market rate, prevailing in the commercial banking sector, as possible, without sacrificing sustainability.
www.grameen-info.org /mcredit/index.html   (1352 words)

  
 Bangladesh Hotels, Tourism, and Travel Information
Formerly Bengali East Pakistan, Bangladesh as a country was officially recognized in 1971.
Situated between Myanmar (Burma) and India, and bordering the Bay of Bengal, Bangladesh has been the center of attention in large part because of its economic conditions and population concerns.
Bangladesh is divided into six regions or divisions: Barishal, Chittagong, Dhaka, Khulna, Rajshahi, and Sylhet, - each with its distinctive characteristics and unique attractions.
www.bangladesh.com   (221 words)

  
 Main Page
ttara Bank-one of the largest and oldest private-sector commercial bank in Bangladesh, with years of experience.
Adaptation of modern technology both in terms of equipment and banking practice ensures efficient service to clients.
Uttara is a bank that serves both clients and country.
www.uttarabank-bd.com   (73 words)

  
 Bangladesh (BAN) - ADB.org   (Site not responding. Last check: 2007-11-05)
Bangladesh has been a member of ADB since 1973.
Bangladesh and ADB signed the Poverty Reduction Partnership Agreement on 3 April 2000.
Hua Du Appointed as ADB Country Director for Bangladesh
www.adb.org /Bangladesh   (77 words)

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