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Grameen Bank (Bengali: গ্রামীণ ব্যাংক) is a microfinance specialized community development bank founded in Bangladesh. [5][6] It provides small loans (known as microcredit or "grameencredit") [7] to the impoverished without requiring collateral. Grameen Bank is a statutory public authority. It is originated in 1976, in ...
In 1998, Bangladesh Ansar and VDP were awarded the National Standard, and in 2004 it was awarded the Independence Award. [10] The service of battalion Ansars was under National Pay Scale in October 2008, and they were entitled to family rations and combat uniform. [5] In 2006, the role of Ansar-VDP was expanded to fight rising militancy. [3]
Banking in Bangladesh. Bangladesh is a developing country with an impoverished banking system, particularly in terms of the services and customer care provided by the government run banks. In recent times, private banks are trying to imitate the banking structure of the more developed countries, but this attempt is often foiled by inexpert or ...
The Ministry of Finance (Bengali: অর্থ মন্ত্রণালয়; Artho Montronaloya) is a ministry of Bangladesh. [2] The ministry is responsible for ...
Bangladesh Bank (Bengali: 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. [ 3 ] and financial inclusion policy and is an important member of the Alliance for Financial ...
August 21, 2024 at 8:58 PM. Dr Ahsan H Mansur is the new leader of the Bangladesh Bank [BBC] Bangladesh will announce a decision to raise interest rates from 8.5% to 9% in a day or two, the new ...
The Bank maintained a capital adequacy ratio at 11.46 percent as on December 31, 2011, against requirement of 10 percent set by Bangladesh Bank. Credit Rating Information and Services Limited (CRISL) rated the Bank AA− (Double A Minus) for the long term and ST-2 for the short term based on the financial statements of the Bank for the year 2010.
The Yunus Centre, located in Dhaka, Bangladesh, is a think tank focused on social business, poverty alleviation, and sustainability. Founded in 2008 and chaired by Dr Yunus, it promotes his philosophy of social business and serves as a resource center for related initiatives.