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Sadharan Bima Corporation
Sadharan Bima Corporation (popularly known as SBC) is the one and only state-owned non-life insurer and reinsurer in Bangladesh under the Ministry of Finance, Government of the People's Republic of Bangladesh. Both Sadharan Bima Corporation, the non-life insurer, and Jiban Bima Corporation, the life insurer, were created under the Insurance Corporation Act (Act No. VI) of 1973 of Bangladesh. Thereafter, SBC was acting as the sole insurer of general insurance till 1984. In the year 1984 Bangladesh Government allowed insurance companies in the private sector and to that effect promulgated the Insurance Corporations (Amendment) Ordinance 1984. Sayed Bealal Hossain is the Managing Director of Sadharan Bima Corporation. History For underwriting the non-life insurance business of Bangladesh, Sadharan Bima Corporation was formed by the government in the year 1973. Up until 1984, SBC was the sole insurer of non-life insurance business in the country. In the same year, some private ... [...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] |
Asiatic Society Of Bangladesh
The Asiatic Society of Bangladesh is a non political and non profit research organisation registered under both Society Act of 1864 and NGO Bureau, Government of Bangladesh. The Asiatic Society of Bangladesh was established as the Asiatic Society of East Pakistan in Dhaka in 1952 by a number of Muslim leaders, and renamed in 1972. Ahmed Hasan Dani, a noted Muslim historian and archaeologist of Pakistan played an important role in founding this society. He was assisted by Muhammad Shahidullah, a Bengali linguist. The society is housed in Nimtali, walking distance from the Curzon Hall of Dhaka University, locality of Old Dhaka. Publications The society's publications include: * ''Banglapedia, the National Encyclopedia of Bangladesh'' (edition 2, 2012) * ''Encyclopedia of Flora and Fauna of Bangladesh'' (2010, 28 volumes) * ''Cultural Survey of Bangladesh, a documentation of the country's cultural history, tradition and heritage'' (2008, 12 volumes) * ''Children’s Banglapedia' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of Bangladesh
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1973
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reinsurance
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant" under most arrangements. The company issuing the reinsurance policy is referred to as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes and wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liability Insurance
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy. Originally, individual companies that faced a common ''peril'' formed a group and created a self-help fund out of which to pay compensation should any member incur loss (in other words, a mutual insurance arrangement). The modern system relies on dedicated carriers, usually for-profit, to offer protection against specified perils in consideration of a premium. Liability insurance is designed to offer specific protection against third-party insurance claims, i.e., payment is not typically made to the insured, but rather to someone suffering loss who is not a party to the insurance contract. In general, damage caused intentionally as well as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Bangladesh
The economy of Bangladesh is a major economy of South Asia and a developing market economy. — — —Siddiqi, Dina M. “Miracle Worker or Womanmachine? Tracking (Trans)National Realities in Bangladeshi Factories.” Economic and Political Weekly, vol. 35, no. 21/22, Economic and Political Weekly, 2000, pp. L11–17, . —Paksha Paul, B. (2010), "Does corruption foster growth in Bangladesh?", International Journal of Development Issues, Vol. 9 No. 3, pp. 246-262. —Chowdhury, M.S. (2007), "Overcoming entrepreneurship development constraints: the case of Bangladesh", Journal of Enterprising Communities: People and Places in the Global Economy, Vol. 1 No. 3, pp. 240-251. —Bashar, Omar K. M. R., and Habibullah Khan. “Liberalisation and Growth in Bangladesh: An Empirical Investigation.” The Bangladesh Development Studies, vol. 32, no. 1, Bangladesh Institute of Development Studies, 2009, pp. 61–76, . —Ahamed, Md Mostak. “Market Structure and Performance of Banglade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Depository Bangladesh Limited
Central Depository Bangladesh Limited () is a Bangladesh government regulatory agency that records and facilates the trade of securities in Bangladesh. It is the National Numbering Agency for International Securities Identification Number in Bangladesh and member of the Association of National Numbering Agencies. Sheikh Kabir Hossain is chairman of the board of directors. It is Bangladesh's only securities depository enterprise. History Central Depository Bangladesh Limited was established on 20 August 2000. AKM Shamsuddin was the founding chairman of Central Depository Bangladesh Limited. On 20 October 2003, Electronic Government Securities Registry went online, allowing the Central Depository Bangladesh Limited to function. Bangladesh Securities and Exchange Commission approved the bylaws necessary for Central Depository Bangladesh Limited to begin operations. M Habibus Samad was then managing director of Central Depository Bangladesh Limited. The transformed share transactio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Housing Finance And Investment 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 resonator gui ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Tea Company Limited
National Tea Company Limited () is a Bangladeshi state owned tea company based in Dhaka. Sheikh Kabir Hossain, a relative of Prime Minister Sheikh Hasina, is the chairman of the company. Mr. Syed Shahriyar Ahsan is a Director of the company. Syed is the Managing Director of Sadharan Bima Corporation of Bangladesh (SBC). He was nominated as a Director of the Company from Sadharan Bima Corporation in October 1, 2016. Chowdhury Nafeez Sarafat, chairman of Padma Bank, is a shareholder director of the company representing Finex Software Limited. History National Tea Company was established in East Pakistan by the Adamjee Group of Companies. After the liberation of Bangladesh, the Adamjee family left for Karachi leaving all their East Pakistani properties behind. The National Tea Company was nationalized by the government of Bangladesh after liberation. The modern-day National Tea Company Limited was established in 1978 with the government of Bangladesh being the majority shareh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British American Tobacco Bangladesh
British American Tobacco Bangladesh is one of the largest multinational corporations, operated by British American Tobacco in Bangladesh. They are listed on the stock index of the Dhaka Stock Exchange and Chittagong Stock Exchange. It is doing its business over 100 years in this region. It was founded in Bangladesh in 1910. It had established its first depot at Armanitola in Dhaka. After partition in 1947, it was established in 1949. After the independence of Bangladesh from Pakistan, it was renamed as Bangladesh Tobacco Company (BTC) in 1972. But in 1998, it is again renamed as British American Tobacco Bangladesh (BATB). In Bangladesh, British American Tobacco Bangladesh has more than 1,200 people as direct employees and more than 50,000 people as indirect employees (mostly farmers). British American Tobacco Bangladesh's motto is "success and responsibility go together". Shehzad Munim is the current managing director A chief executive officer (CEO), also known as a central execu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Development And Leasing Company
IDLC Finance Limited, formerly known as Industrial Development Leasing Company of Bangladesh Limited (IDLC), is a multi-product Non Banking Financial Institution with headquarters in Dhaka, Bangladesh. It offers financial services in the form of Small and Medium enterprise (SME) finance products, Supplier and Distributor finance, Corporate finance, Structured finance, retail finance, Deposits and Treasury products. The IDLC group also provides merchant banking, stock broker and asset management services via its three subsidiaries, IDLC Investments Limited, IDLC Securities Limited and IDLC Asset Management Limited, respectively. History IDLC was established in 1985 by the initiation of IFC of the World Bank. The company was formed via collaboration of International Finance Corporation, German Investment and Development Company, Korea Development Financing Corporation, Aga Khan Fund for Economic Development, Kookmin Bank, IPDC Finance Limited of Bangladesh and Sadharan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
