The banking sector in Bangladesh consists of several types of institutions. Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector
Pursuant to Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka branch of the State Bank of Pakistan as the central bank of the country and named it Bangladesh Bank with retrospective effect from 16 December 1971. Other than the Central Bank itself, banks in Bangladesh are primarily categorized into two types: Scheduled and Non-Scheduled banks.
Probashi Kallyan Bank is a state-owned bank in Bangladesh, a specialized financial institution for non-resident Bangladeshis.
History of Probashi Kallyan Bank
The Bank was started in 2010 by the Government of Bangladesh to provide financial services to oversea Bangladeshis. It had a start-up capital of 1 billion takas. 95 percent of the capital came from the Wage Earners’ Welfare Fund and five percent from the government of Bangladesh.
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RMU adopts Tk 3,100-cr project for medical education
