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The bank had a net loss of 188 million taka in 2021. Bengal Commercial Bank held their annual business conference in their headquarters in Gulshan in January 2022. Bengal Commercial Bank Limited signed an agreement with Jamuna Bank in June over licensing Visa. It signed an agreement with Bengal Islami life Insurance Limited in June. On 19 ...
e. A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit . It can also refer to a bank or a division of a large bank that deals with corporations or large or middle-sized businesses, to differentiate from retail banks and investment banks.
The 2016 Indian bank data breach was reported in October 2016. It was estimated 3.2 million debit cards were compromised. Major Indian banks, among them SBI, HDFC Bank, ICICI, YES Bank and Axis Bank, were among the worst hit. [1] The breach went undetected for months and was first detected after several banks reported fraudulent use of their ...
SBI Cards & Payment Services Limited, previously known as SBI Cards & Payment Services Private Limited, is a credit card company and payment provider in India. SBI Card was launched in May 1998 by the State Bank of India and GE Capital. In December 2017, the State Bank of India and The Carlyle Group [4] acquired a stake in the company.
In the late 1980s and 1990s, the division was one of the first banks to offer credit cards in India. [3] In 1992, Citibank India was alleged to have played the leading role in allowing or facilitating the market manipulation that drove up prices of shares on the Bombay Stock Exchange during the 1992 Indian stock market scam.
History. The bank was incorporated on 26 June 1983. The government owns shares in the bank. The bank was listed in the Dhaka Stock Exchange (DSE) by 1986 and Chittagong Stock Exchange (CSE) by 1995. [9] [12] Humayun Zahir was the first chairman of the United Commercial Bank. In 2013, Humayun Zahir's elder son Sharif Zahir was elected as the ...
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