Showing posts with label Bank. Show all posts
Showing posts with label Bank. Show all posts

Tuesday, April 23, 2013

Bangladesh Bank

Bangladesh bank is the central bank of Bangladesh and  It is  established 16th  December 1971. It is located diplomatic and  industrial area at Motijheel in Dhaka. At Present time Governor of Bangladesh Bank is Atiur Rahman from May 1, 2009 .
After liberation war,  Bangladesh government reconstruction  the former  state bank of Pakistan  and it is launched  as Bangladesh bank in 1972 and this bank is achieved  membership of .Asian Clearing Union..
In 1972  Bangladesh government had taken decision that  all bank will be nationalize for developing war torn country basically agriculture  and industrial sector .
                                          
That time Bangladesh Bank provided  public  loans without commercial consideration but Bangladesh bank had poor capital reserve , poor  customer service , did not have proper market analysis police and   Loan recovery system of Bangladesh bank was so expensive and so poor.as a result the banking sectors could not be increased .
In 1986 Bangladesh government  To solve this problem at first  denationalized  two commercial bank  within six bank and permission to found private bank to make competition in the banking sector, consist a National Commission on money ,completely stop new loans and  develop the financial institutions. But no improvement and effect to the banking sector.
In 1990 Bangladesh government also form Financial Sector Adjustment Credit and Financial Sector Reform Programme due to world bank agreement to solve remove government distortions and lessen the financial repression.
According to McKinnon-Shaw hypothesis policies , Bangladesh Bank provide loans on commercial basis ,implement the systematically classify loans, implement modern accounting systems and computerized systems , , revise financial laws , increase supervision and analysis  in the credit market and also developed the capital market to remove distortions the financial repression.
In 1996  Bangladesh government form in order to develop the banking sector Bank Reform Committee (BRC) and stop all activity of Financial Sector Reform Programme.
In 2011Mobile Banking service is inaugurated by Bangladesh Bank Governor Atiur Rahaman  and start New revolution of Bangladesh Banking sector  on 31th March.

At first Dutch Bangla Bank Ltd starts Mobile Banking service to the customer and two mobile operator company named Banglalink and Citycell to provide service smoothly. Gradually ten leading bank are started mobile banking  service.
So Bangladesh Bank also provide the bank note issue, price stability, foreign  exchange and regulating the banking sector, Credit control, Control Money Market, SME development, Natural resources development, Job creation, Agricultural development, Industrial development, and lot of activities of Bangladesh Bank.

                            All Bangladeshi Bank and Other information are given below :


 Asian Development Bank
Bangladesh Commerce Bank.
AB Bank
Bank Asia
Basic Bank
Agrani Bank
Brac Bank
Al-Arafa Islami Bank
City Bank-N A
Dhaka Bank
Dutch Bangla Bank
Eastern Bank
Exim Bank
Grameen Bank
First Security Bank
City Bank BD
HSBC Bangladesh
IFIC Bank
Islamic Bank
Janata Bank
Jamuna Bank
Krishi Bank
Mercantile Bank
Mutual Trust Bank
National Bank
One Bank
NCC Bank
Prime Bank
Premier Bank
Oriental Bank
Pubali Bank
Rupali Bank
Sonali Bank
Shahjalal Islamic Bank
South East Bank
Uttara Bank
United commercial Bank
Standard Chartered Bank
Social Investment Bank
Standard Bank Ltd
 World Bank-BD