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First Finance Limited
First Finance Limited is a major non-bank financial institution in Bangladesh. Khan Mohammad Moinul Hasan is the chairman of the First Finance Limited. History First Finance Limited was established in 1993. On 9 October 2003, First Finance Limited listed on the Dhaka Stock Exchange and Chittagong Stock Exchange. First Finance Limited was fined .9 million taka for having a 74.2 million taka deficit in 2015. The shares of the company were listed as Z category of the Dhaka Stock Exchange. In 2016, '' The Daily Star'' identified First Finance Limited as one of three financial institutions dragging the entire finance industry down. It was offering one of the highest interest rate on deposits. In December 2017, First Finance Limited was fined 22.1 million taka for having a deficit of 2.22 billion taka by Bangladesh Bank. An investigation by Bangladesh Bank had found the former chairman of First Finance Limited, AQM Faruk Ahmed Chowdhury, had embezzled 40 million taka from the insti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dhaka
Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), formerly known as Dacca, is the capital and largest city of Bangladesh, as well as the world's largest Bengali-speaking city. It is the eighth largest and sixth most densely populated city in the world with a population of 8.9 million residents as of 2011, and a population of over 21.7 million residents in the Greater Dhaka Area. According to a Demographia survey, Dhaka has the most densely populated built-up urban area in the world, and is popularly described as such in the news media. Dhaka is one of the major cities of South Asia and a major global Muslim-majority city. Dhaka ranks 39th in the world and 3rd in South Asia in terms of urban GDP. As part of the Bengal delta, the city is bounded by the Buriganga River, Turag River, Dhaleshwari River and Shitalakshya River. The area of Dhaka has been inhabited since the first millennium. An early modern city developed from the 17th century as a provincial capit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MIDAS Financing Limited
MIDAS Financing Limited is a major non-bank financial institution in Bangladesh. History MIDAS (Micro Industries Development Assistance and Services) Financing Limited was established on 16 May 1995. It provided financial support to small women entrepreneurs to establish minimart. On 11 October 1999, Midas secured permission from Bangladesh Bank. MIDAS Financing Limited listed on Dhaka Stock Exchange and Chittagong Stock Exchange on 26 October 2002 and 27 July 2004 respectively. From 23 March 2005, it shares used the Central Depository Bangladesh Limited. Small and Medium Enterprise Foundation gave a loan of 50 million taka to MIDAS Financing Limited on 18 May 2012 to provide loans to small and medium enterprises. MIDAS board member Mirza Ali Behrouze Ispahani died in 2017. MIDAS Financing Limited launched MIDAS Investment Limited in January 2017 as a merchant bank. Parveen Mahmud, chairperson of MIDAS Financing Limited and Underprivileged Children's Educational Programme, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organisations Based In Dhaka
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jiban Bima Corporation
Jiban Bima Corporation (JBC) is the state-run life insurance corporation in Bangladesh under the provisions of the Insurance Act 1938, Insurance Rules 1958, and related other laws enforceable in Bangladesh in Bangladesh Corporation Act 1973. The JBC started on 14 May 1973 with assets and liabilities worth TK. 157 million of defunct 37 life Insurance companies. History Pakistan period (1947–1971) After partition of India three insurance companies were under Muslim ownership: The Eastern Federal Union Insurance Company Limited, Muslim Insurance Company Limited and Habib Insurance Company Limited. These three companies moved to Pakistan and registered to transact business there.Rashid, Harunur (2010). "An Image of an Insurer" in The total number of insurers (life plus life and general) registered in Pakistan in 1951, 1961 and 1971 were 13, 17 and 75 respectively. In 1971, out of 75, ten of the 40 Pakistani companies were exclusively engaged in life insurance business, 21 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Leasing And Financial Services Limited
People's Leasing and Financial Services Limited is a major non-bank financial institution in Bangladesh providing leasing and investment services. In 2020 Proshanta Kumar Halder, known as the Sultan of Swindle, scammed 35 billion taka from the company. History People's Leasing and Financial Services Limited was established on 12 August 1996 and received its license from Bangladesh Bank on 24 November 1997. In 2010, the People's Leasing and Financial Services Limited received permission from Bangladesh Securities and Exchange Commission to issue shares on the stock exchange. An investigation by Bangladesh Bank found financial irregularities took place from 2002 to 2014. It has found the chairman and four members of the board of directors had embezzled money from the institute through fraudulent loans. Anti Corruption Commission arrested Khabir Uddin Miah, one of the directors, on those allegations. Chairman M. Moazzam Hossain was removed from the board of directors. The othe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tanvir Shakil Joy
Tanvir Shakil Joy (born 1 August 1976) is a Bangladesh Awami League politician and a Jatiya Sangsad member representing the Sirajganj-1 constituency. Career In April 2007, illegal VoIP equipment allegedly owned by Joy were seized by Rapid Action Battalion from a house in Bashabo, Dhaka. Joy was elected to Parliament in 2008 from Sirajganj-1 as a Bangladesh Awami League candidate. In 2016, he was one of the organiser of a rally of Bangladeshi students protesting Islamic extremism. After the death of Mohammed Nasim, his father, on 13 June 2020 Joy was elected as a Jatiya Sangsad member of the vacant seat in the by-election held on 12 Nov 2020. Personal life Joy's father, Mohammed Nasim, was an Awami League politician and former government minister. His grandfather was Captain Muhammad Mansur Ali Muhammad Mansur Ali (16 January 1917 – 3 November 1975) was a Bangladeshi politician who was a close confidant of Sheikh Mujibur Rahman, the founding leader of Bangladesh. A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Capital Limited
Union commonly refers to: * Trade union, an organization of workers * Union (set theory), in mathematics, a fundamental operation on sets Union may also refer to: Arts and entertainment Music * Union (band), an American rock group ** ''Union'' (Union album), 1998 * ''Union'' (Chara album), 2007 * ''Union'' (Toni Childs album), 1988 * ''Union'' (Cuff the Duke album), 2012 * ''Union'' (Paradoxical Frog album), 2011 * ''Union'', a 2001 album by Puya * ''Union'', a 2001 album by Rasa * ''Union'' (The Boxer Rebellion album), 2009 * ''Union'' (Yes album), 1991 * "Union" (Black Eyed Peas song), 2005 Other uses in arts and entertainment * ''Union'' (Star Wars), a Dark Horse comics limited series * Union, in the fictional Alliance–Union universe of C. J. Cherryh * ''Union (Horse with Two Discs)'', a bronze sculpture by Christopher Le Brun, 1999–2000 * The Union (Marvel Team), a Marvel Comics superhero team and comic series Education * Union Academy (other), th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reliance Finance Limited
Aviva Finance Limited is a sharia complaint major non-bank financial institution in Bangladesh. It was formerly called Reliance Finance Limited. Mohammed Saiful Alam is the chairman of Aviva Finance Limited and also S. Alam Group of Industries, S. Alam Group. The former managing director of Reliance Finance Limited, Proshanta Kumar Halder, embezzled from Reliance and other financial institutions in Bangladesh through fraudulent loans. According to the Anti-Corruption Commission (Bangladesh), Anti-Corruption Commission Proshanta Kumar Halder had stolen 102 billion taka. The Daily Star (Bangladesh), The Daily Star gave Proshanta Kumar Halder the name ''sultan of swindle''. History Aviva Finance Limited started as Bahrain Bangladesh Finance and Investment Company Limited in 1996. Mascot Finance Company Limited invested in 2000 and was renamed to Oman Bangladesh Leasing & Finance Limited. In 2003, the foreign investors sold all their shares. In March 2009, S. Alam Group of Indust ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Finance And Investment Limited
A prime number (or a prime) is a natural number greater than 1 that is not a product of two smaller natural numbers. A natural number greater than 1 that is not prime is called a composite number. For example, 5 is prime because the only ways of writing it as a product, or , involve 5 itself. However, 4 is composite because it is a product (2 × 2) in which both numbers are smaller than 4. Primes are central in number theory because of the fundamental theorem of arithmetic: every natural number greater than 1 is either a prime itself or can be factorized as a product of primes that is unique up to their order. The property of being prime is called primality. A simple but slow method of checking the primality of a given number n, called trial division, tests whether n is a multiple of any integer between 2 and \sqrt. Faster algorithms include the Miller–Rabin primality test, which is fast but has a small chance of error, and the AKS primality test, which al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Finance Limited
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900-1924 * National Supermarkets, a defunct American grocery store chain * National String Instrument Corporation, a guitar company formed to manufacture the first resona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Leasing And Financial Services Limited
International Leasing and Financial Services Limited is a major non-bank financial institution in Bangladesh. Md. Nazrul Islam Khan is the chairman and Md. Mashiur Rahman is the managing director of International Leasing and Financial Services Limited. Proshanta Kumar Halder, a banker and known as "Sultan of swindle", had according to media reports embezzled 30 billion taka from the institute and according to Bangladesh Bank 15.69 billion taka. The fraud was aided Amitav Adhikary, a cousin of Proshanta Kumar Halder and senior management at International Leasing and Financial Services Limited. History International Leasing and Financial Services Limited was established in 1996. The institution received licence from the government of Bangladesh on 19 February 1996. On 5 July 2004, Standard Bank Limited 150 million taka loan to International Leasing and Financial Services Limited. In 2007, Dr Salehuddin Ahmed, Governor of Bangladesh Bank ordered the monitoring of nine non-bankin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the List of countries and dependencies by population density, most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and list of cities and towns in Bangladesh, largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali language, Bengali, one of the easternmost branches of the Indo-Europe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
