Search results
Results from the WOW.Com Content Network
Sonali Bank was established in 1972 under the Bangladesh Banks (Nationalisation) Order, through the amalgamation and nationalisation of the branches of National Bank of Pakistan, Bank of Bahawalpur, and Premier Bank branches located in East Pakistan until the 1971 Bangladesh Liberation War. [11] When it was established, Sonali Bank had a paid ...
The Bangladesh Bank robbery, also known colloquially as the Bangladesh Bank cyber heist, [1] was a theft that took place in February 2016. Thirty-five fraudulent instructions were issued by security hackers via the SWIFT network to illegally transfer close to US$1 billion from the Federal Reserve Bank of New York account belonging to Bangladesh ...
Md. Afzal Karim is a Bangladeshi banker and managing director of Sonali Bank Limited. [1] [2] Sonali Bank is the largest state owned bank in Bangladesh. [3] He is the former managing director of Bangladesh House Building Finance Corporation. [4] He is the chairperson of the executive committee of Bangladesh Foreign Exchange Dealers' Association ...
Online Banking ePayments. Online Banking ePayments ( OBeP) is a type of payments network, developed by the banking industry in conjunction with technology providers. It is specifically designed to address the unique requirements of payments made via the Internet. [1] Key aspects of OBeP that distinguish it from other online payments systems are:
e. A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many new cards now have a chip on them, which allows people to use their ...
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
The takeover of Islami Bank started in 2013 and was supported by the Awami League government as it was linked with the Bangladesh Jamaat-e-Islami. According to New Age, S. Alam Group had taken 300 billion taka loans from Islami Bank Bangladesh Ltd which was denied by the bank.
Masud joined Agrani Bank in 1983 as a senior officer. [2] In 2011, Masud became the Deputy Managing Director of Agrani Bank. [2] He then worked as the Managing Director of Karmasangsthan Bank. [3] From 24 August 2016 to 24 August 2019, Masud was the Managing Director of Sonali Bank. [2] During his term he worked on recovering defaulted loans.