Search results
Results From The WOW.Com Content Network
Dutch-Bangla Bank PLC was established under the Bank Companies Act 1991 and incorporated as a public limited company under the Companies Act 1994 in Bangladesh in June 1996. [4] It was a Dutch-Bangladesh joint venture and first Bangladeshi-European joint venture of bank in Bangladesh. [4] [5] DBBL commenced formal operation from June 3, 1996.
In a year of 2010, mobile banking users soared over 100 percent in Kenya, China, Brazil and United States with 200 percent, 150 percent, 110 percent and 100 percent respectively. [16] Dutch Bangla Bank launched the first mobile banking service in Bangladesh on 31 March 2011.
Banking in Bangladesh. Bangladesh is a developing country with an impoverished banking system, particularly in terms of the services and customer care provided by the government run banks. In recent times, private banks are trying to imitate the banking structure of the more developed countries, but this attempt is often foiled by inexpert or ...
As a consequence, Islami Bank Bangladesh Limited, the first shari'ah compliant bank in Bangladesh started operations on 30 March 1983. It was founded by Saudi and Kuwaiti investors who provided 70 per cent of the initial capital. It is a public limited company registered under the Indian Companies Act of 1913. IBBL is a joint venture of the ...
Three financial banks, Dutch Bangla Bank Limited, NCC Bank Limited, and Prime Bank, were victims of cyberattacks in May. Dutch Bangla Bank Limited lost three million USD to the hackers while the other banks maintained that they did not lose any money. Md Nurun Newaz Salim was re-elected chairman of NCC Bank.
The Bank maintained a capital adequacy ratio at 11.46 percent as on December 31, 2011, against requirement of 10 percent set by Bangladesh Bank. Credit Rating Information and Services Limited (CRISL) rated the Bank AA− (Double A Minus) for the long term and ST-2 for the short term based on the financial statements of the Bank for the year 2010.
bkash .com. bKash ( Bengali: বিকাশ) is a mobile financial service (MFS) [5] in Bangladesh operating under the authority of Bangladesh Bank as a subsidiary of BRAC Bank PLC. [6] This mobile financial service company started as a joint venture between BRAC Bank Limited, and Money in Motion LLC. [7] As a mobile financial service (MFS ...
Rapid Pass. Transport. Bangladesh. v. t. e. The Rapid Pass is a smart card automated fare collection system based on near-field communication (NFC) technology used on participating public transit systems in Dhaka, the capital of Bangladesh. [2] Rapid Pass card readers were implemented on a trial basis in 2017.