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First Security Islami Bank Limited
First Security Islami Bank Limited is a public limited bank in Bangladesh which was founded on 29 August 1999 provides sharia compliant banking. Mohammed Saiful Alam, chairman of S. Alam Group of Industries, is the chairman of First Security Islami Bank Limited. The bank experienced a cash crunch in 2022 after proving large unsecured loans. History First Security Islami Bank Limited was incorporated on 29 August 1999 as a commercial bank. It started operations on 25 October 1999 with an authorized capital of 1 billion taka. From 2009 the bank started sharia banking. Bangladesh Sports Press Association (BSPA) in 2014 awarded the bank best sponsor. The Bank sponsored the National School Hockey Tournament. The Bank saw profits decline in 2018 along with other listed banks on the Dhaka Stock Exchange. In September 2021, First Security Islami Bank Limited issued shares to raise its paid up capital. It declared a 10 per cent dividend that year. On 4 December 2022, Bangladesh High ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islami Bank Bangladesh Limited
Islami Bank Bangladesh Ltd. (IBBL) ( bn, ইসলামী ব্যাংক বাংলাদেশ লিমিটেড) is an Islamic banking company based in Bangladesh. It became incorporated on 13 March 1983 as a public limited company under the Companies Act 1913. IBBL maintains its own ATM Booths with a country-wide shared ATM network. IBBL has been the largest private banking network in Bangladesh. When IBBL was established, it was the first bank in Southeast Asia to provide banking service based on Shariah. The bank has been listed with both Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd. History Islami Bank Bangladesh Limited is a shari'ah compliant bank in Bangladesh which started operations on 30 March 1983. It was founded by Saudi and Kuwaiti investors. It is a public limited company registered under the Companies Act of 1913. IBBL is a joint venture of the government of Bangladesh, 22 businessmen of Bangladesh, Islamic Development Bank, and inve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1999
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Bangladesh
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Social Responsibility
Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically oriented practices. While once it was possible to describe CSR as an internal organizational policy or a corporate ethic strategy, that time has passed as various national and international laws have been developed. Various organizations have used their authority to push it beyond individual or even industry-wide initiatives. In contrast, it has been considered a form of corporate self-regulation for some time, over the last decade or so it has moved considerably from voluntary decisions at the level of individual organizations to mandatory schemes at regional, national, and international levels. Moreover, scholars and firms are using the term " creating shared value", an extension of corporate social responsibility, to explain ways of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Golden Life Insurance
Golden means made of, or relating to gold. Golden may also refer to: Places United Kingdom *Golden, in the parish of Probus, Cornwall *Golden Cap, Dorset *Golden Square, Soho, London *Golden Valley, a valley on the River Frome in Gloucestershire *Golden Valley, Herefordshire United States *Golden, Colorado, a town West of Denver, county seat of Jefferson County *Golden, Idaho, an unincorporated community *Golden, Illinois, a village *Golden Township, Michigan *Golden, Mississippi, a village *Golden City, Missouri, a city *Golden, Missouri, an unincorporated community *Golden, Nebraska, ghost town in Burt County *Golden Township, Holt County, Nebraska *Golden, New Mexico, a sparsely populated ghost town *Golden, Oregon, an abandoned mining town *Golden, Texas, an unincorporated community *Golden, Utah, a ghost town *Golden, Marshall County, West Virginia, an unincorporated community Elsewhere *Golden, County Tipperary, Ireland, a village on the River Suir * Golden Vale, Munster, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Security Act, 2018
The Digital Security Act, 2018 is a digital security law in Bangladesh. This act was passed with the aim of preventing the spread of racism; sectarianism; extremism; terrorist propaganda; and hatred against religious or ethnic minorities through social media, print media or any other electronic media. Any content over the internet or any other media that was deemed pornographic or otherwise inappropriate by the government could be punished by fines or prison terms of various lengths. It is a controversial law and it was feared that the law could be used to suppress dissenters against the government due to some of its provisions that are vague and ambiguous, open to interpretation or prone to abuse. This law has been used to sue and arrest some journalists, activists and criminals. History Digital Security Act was adopted in October 2018. The provision passed the Parliament of Bangladesh in September 2018. The act allows police officers to detain people without a warrant. The act was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Bank Limited (Bangladesh)
Union Bank Limited is a fourth-generation private Islamic bank in Bangladesh. It is listed on the Dhaka Stock Exchange. History Union Bank Limited was established on 7 March 2013 as a sharia-compliant bank. It signed an agreement to use products of Millennium Information Solution Limited. On 8 January 2017, Islami Bank Bangladesh Ltd appointed Md Abdul Hamid Miah, former managing director of Union Bank, as managing director. This happened at a time Islami Bank Bangladesh Ltd saw major changes in ownership with companies aligned with S. Alam Group of Industries were allegedly buying up stakes in Islami Bank. The chairman of Union Bank at that time Shahidul Alam is a director of S Alam Group and brother of the chairman of S Alam Group, Mohammad Saiful Alam Masud Chowdhury. ABM Mokammel Hoque Chowdhury was appointed managing director of Union Bank Limited on 22 April 2020 from additional managing director. On 5 September 2021, Bangladesh Securities and Exchange Commission T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Islami Bank
Global Islami Bank, former known as NRB Global Bank, is a fourth generation Bangladeshi sharia compliant private bank. Nizam Chowdhury is the chairperson of the Bank. Syed Habib Hasnat is the Managing Director of Global Islami Bank. History The Bank was founded as NRB Global Bank on 25 July 2013 targeting not resident Bangladeshis. Bangladesh Bank provided licenses to nine banks, including NBR Global Bank, in 2013 on the condition that the bank will eventually list on the stock market. On 14 August 2013, Md Abdul Quddus was appointed Managing Director of NRB Global Bank. In 2015, Prashanta Kumar Halder became the Managing Director of the Bank. Nizam Chowdhury, director of Diamond Life Insurance Company Limited and Kushira Power Limited, was appointed chairman of NRB Global Bank in August 2016. In April 2019, the NRB Global Bank announced it's intention to change its name to Global Bank of Bangladesh due to the existence of two banks, NRB Commercial Bank Limited and NRB Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Daily Star (Bangladesh)
''The Daily Star'' is a leading Bangladeshi English-language daily newspaper. It is the largest circulating daily English-language newspaper in the country. Founded by Syed Mohammed Ali on 14 January 1991, as Bangladesh transitioned and restored parliamentary democracy, the newspaper became popular for its outspoken coverage of politics, corruption and foreign policy. It is considered a newspaper of record for Bangladesh. The newspaper is known for its "reputation for journalistic integrity and liberal and progressive views - a kind of Bangladeshi ''New York Times''". Its slogan is "Journalism Without Fear or Favour". Mahfuz Anam serves as editor and publisher of ''The Daily Star''. Its motto, "Your Right to Know", appears above its logo on the front page. ''The Daily Star'' is owned by Mediaworld, in which a major share is held by the Transcom Group. ''Star Business'' is the business edition of the paper and highly popular. History In the late 1980s, plans for a major Engl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ahsan H Mansur
Ahsan H. Mansur is a Bangladeshi economist and director of Policy Research Institute of Bangladesh. He is the chairman of BRAC Bank Limited. He is an independent director of Walton. Early life Mansur completed his bachelor's in Economics from the University of Dhaka in 1974. He became a lecturer at the University of Dhaka in 1976. He completed his Masters in economics from McMaster University in 1977. He did his PhD from the University of Western Ontario in 1982. Career Mansur joined the International Monetary Fund in 1981. He worked at the Fiscal Affairs Department of the International Monetary Fund from 1983 to 1989. From 1991 to 1995, Mansur served in the Policy Development and Review Department and the Middle Eastern Department of the International Monetary Fund. Mansur was appointed a finance advisor to the Minister of Finance Wahidul Haq in 1989 and served till 1991. From 1996 to 2007, he served in the Middle East and Central Asia Department of the International Monetar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Islami Bank Limited
Social Islami Bank Limited (SIBL) ( bn, সোশ্যাল ইসলামী ব্যাংক লিমিটেড) is a Shari'ah based islami bank in Bangladesh. It was established on 22 November 1995 as Social Investment Bank Limited. Later it changed name to Social Islami Bank Limited. Up to October, 2021, SIBL has 172 branches including 22 AD (Authorized Dealer) branches, 104 subbranches & 200 agent banking outlets. History Social Islami Bank Limited is a Sharia compliant bank in Bangladesh which started operations on 22 November 1995. SIBL was founded by M. A. Mannan, Dr. Hamid Al Gabid, Former Secretary General of O.I.C., Dr. Abdullah Omar Nasseef, and Ahmed M. Salah Jamjoom, Former Commerce Minister, Kingdom of Saudi Arabia. It is a public limited company registered under the Companies Act of 1994 and regulated by Bank Company Act 1991. The bank is an Islamic banking and finance, Islamic bank, based on Islamic Sharia law forbidding usury. In 2009, the Bank changed t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
