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ONE Bank
ONE Bank PLC (OBPLC) () is a public limited commercial bank in Bangladesh. It is in the business of taking deposits from public through various saving schemes and lending the fund in various sectors at a higher margin. A.S.M. Shahidullah Khan is chairman and Mr. Shabbir Ahmed is the managing director of One Bank PLC. HRC Group Chairman, Sayeed Hossain Chowdhury, served as the chairman of the Bank before being removed by Bangladesh Bank for delinquent loans. History ONE Bank Limited started its activities in Bangladesh from May 1999. The Board of Directors consists of 6 members. Former Chief of Bangladesh Navy, Admiral AMM Mohammad Aurangzeb Chowdhury, is an independent director of One Bank Limited. In January 2003, Bangladesh Bank fired the managing director of One Bank Limited, Mirza Ejaj Ahmed, for having links with Hundi accounts of Uttara Group of Industries and Doel Group. On 21 November 2004, One Bank signed an agreement with the Central Depository Bangladesh Limited ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ...
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LankaBangla Finance Limited
LankaBangla Finance PLC. is a licensed non-banking financial company in Bangladesh. Mohammad A. Moyeen is the chairman of LankaBangla Finance Limited. Humaira Azam is the CEO and managing director of LankaBangla Finance PLC. History LankaBangla Finance Limited was established in 1997 as a non-banking financial institution by Vanik Incorporation Limited of Sri Lanka and some Bangladeshi investors. It was originally named Vanik Bangladesh Limited but was renamed to LankaBangla Finance Limited in 2003. Sampath Bank and One Bank Limited purchased shares in 2003. In 2005, LankaBangla Finance Limited launched LankaBangla Finance MasterCard replacing the old Vanik Card which was launched in 1998. In May 2007, it provided a 10 per cent cash dividend. In 2010, the company was planning to go public with LankaBangla Securities Limited. Mohammed Nasir Uddin Chowdhury was appointed managing director of LankaBangla Finance Limited on 4 December 2011. On 1 June 2017, Khwaja Shahriar was a ...
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Banks Of Bangladesh
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. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, 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 concepts o ...
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Aurangzeb Chowdhury
Aurangzeb Chowdhury (born 28 September 1959) is a former four star admiral and the former chief of staff of the Bangladesh Navy. Prior that, he was the director general of the Bangladesh Coast Guard. Early life and education Aurangzeb was born as Abu Mozaffar Mohiuddin Mohammed Aurangzeb Chowdhury on 28 September 1959 in Old Dhaka in then East Pakistan. He enlisted to Bangladesh Naval Academy on 1978 and received his commission into the executive branch as gunnery officer in 1980. Aurangzeb is a graduate of National Defence College and Defence Services Command and Staff College. He is also an alumnus of Surface Warfare Officers' School (SWOS) in Newport, United States. Military career Aurangzeb commanded one warship, two offshore vessels, one large patrol craft, one naval base and the Chittagong naval area. He furthermore served as the commandant of the Bangladesh Marine Academy, principal of Bangladesh Marine Fisheries Academy and the commodore BN Dockyard. In naval headqua ...
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