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Premier Bank sued nine bank officials accusing them of embezzling about 593.4 million BDT from bank along with Bismillah Towels Group. In 2014 the Bank was fined 2 million Bangladesh taka for money laundering along with seven other banks. In 2016, money 4 million taka was stolen from ATMs of the bank using cloned Saudi Arabian credit cards ...
In 1953, under the leadership of John Lauritzen, First National Bank became the first bank in the region and the fifth in the nation to issue credit cards. [3] In 1968, due to an investment in real estate not permitted under a straight banking charter, the bank reorganized as a subsidiary of the bank holding company, First National of Nebraska ...
Its main subsidiaries were RG Premier Bank, a business and consumer financial services company offering banking services, trust and brokerage services, and various types of loans, and RG Mortgage, which was one of the largest mortgage lenders in the island.
Premier Bank, formally First Community Bank (FCB), is a Shari'ah compliant commercial bank in Kenya, the largest economy in the East African Community. The bank received a formal approval from the Central Bank of Kenya in 2007, the national banking regulator in the country but commenced its official operations on 1 June 2008.
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