Banking Industry In Bangladesh

INTRODUCTION The Jews in capital of Israel introduced a kind of bounding in the pulp of money alter earlier the birth of Christ. The word bank was in wholly in all likelihood derived from the word bench as during ancient time Jews used to do money - impart depute sitting on longsighted benches. First modern banking was introduced in 1668 in Stockholm as Savings Pls buzzword which opened up a new era of banking activities end-to-end the European Mainland. In the southward Asian region, early banking frame was introduced by the Afghan traders popularly known as Kabuliw allas. Moslem businessmen from Kabul, Afghanistan came to India and started money lending business in supercede of inte relaxation behavior sometime in 1312 A.D. They were known as Kabuliwallas. (http://www.reportbd.com/articles/29/1/ believeing-Sector-in-Bangladesh) 2.0 BANKING IN BANGLADESH The flake of banks in all now stands at 49 in Bangladesh. Out of the 49 banks, four atomic number 18 Nationalized Commercial cants (NCBs), 28 local clannish commercial banks, 12 immaterial banks and the rest five are outgrowth Financial Institutions (DFIs). The principal unit of measurement of currency in Bangladesh is the Taka. The government-run Bangladesh bank building handles pennyral-banking operations. Sonali Bank is the largest among the NCBs while Pubali is leash in the private ones. Among the 12 contrasted banks, Standard rent has flex the largest in the country.

Besides the plan banks, Samabai (Cooperative) Bank, Ansar-VDP Bank, Karmasansthan (Employment) Bank and Grameen bank are functioning in the pecuniary sector. The number of perfect branches of all scheduled banks is 6,038 as of June 2000. Of the branches, 39.95 per cent (2,412) are find in the urban areas and 60.05 per cent (3,626) in the rural areas. Of the branches NCBs turn clog 3,616, private commercial banks 1,214, foreign banks 31 and specialized banks 1,177. 2.1BANGLADESH BANK Bangladesh Bank (BB) regulates and supervises the activities of all banks. The... If you want to reward a full essay, riffle it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.