Type 1. Saving Banks Saving banks are established to create saving habit among the people. These banks are helpful for salaried people and low income groups. The deposits collected from customers are invested in bonds, securities, etc. At present most of the commercial banks carry the functions of savings banks. Postal department also performs the functions of saving bank. Type 2. Commercial Banks Commercial banks are established with an objective to help businessmen. These banks collect money
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Barua* and Md. Habibour Rahman* Abstract Bangladesh Bank (BB) adjusted its monetary policy stance during 2005 in order to contain inflationary pressures and facilitate stability in the foreign exchange market. At the end of 2005, interest rates on NSD certificates were also adjusted upward. The latter development, however, raised some concern among different economic agents regarding its possible impact on the country's capital market. In this paper we attempt to closely inspect the evolvement of monetary
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BANGLADESH FINANCE AND INVESTMENT COMPANY LIMITED Baitul Hossain Building (2nd Floor), 27, Dilkusha C/A, Dhaka‐1000 Balance Sheet As at 31 March 2011 Provisional & Un‐audited Note PROPERTY AND ASSETS Cash Cash in hand Balance with Bangladesh Bank Balance with other Banks and Financial Institutions Inside Bangladesh Outside Bangladesh Money at call and short notice Investment in Securities Government Others Lease, Loans and Advances In Bangladesh Outside Bangladesh Fixed Assets including Premises
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Executive Summary The topic of this report is Money laundering is a problem in Dhaka Bank Limited. To prepare this report I have taken necessary assistance from Dhaka Bank Limited during my period. Much of the economy is cash-based, which means that many transactions bypass regulated financial institutions. The popular attractiveness of the hawala, or ‘hundi’, network has been increased by tight restrictions on currency transfers imposed by the government. Corruption is a major concern in Bangladesh
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Christ. The word ‘Bank’ was probably derived from the word ‘Bench’ as during ancient time Jews used to do money lending business sitting on long benched. First modern banking was introduced in 1668 in Stockholm as ‘Savings Pis Bank’, which opened up a new ear of banking, activates through out the European Mainland. Banks are now beyond those old concepts. Now bank represents a significant & influential sector of business worldwide. Most individuals and originations make use of the Banks, either as depositors
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of Bangladesh: Volatility in the Dhaka Stock Exchange (DSE) and Role of Regulators Md. Tariqur Rahman (Corresponding author) Senior Research Associate, Centre for Policy Dialogue (CPD) House No. 40/C, Road No, 11 (New) Dhanmondi R/A, Dhaka-1209, Bangladesh Tel: 880-2-812-4770, 9141734 Ext-146 E-mail: rahmantariqdu@gmail.com Khondker Golam Moazzem Senior Research Fellow, Centre for Policy Dialogue (CPD) House No. 40/C, Road No, 11 (New) Dhanmondi R/A, Dhaka-1209, Bangladesh Tel: 880-2-812-4770
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Globalization has brought in many changes in the business scenario with the whole world inching towards a big market place. Communication between buyers and sellers become critical as each can opt to explore a greater number of alternatives than before. E-commerce through the use of internet, e-mails, websites and other facilities enables a businessman to be linked with every corner of the world and thus opens up greater opportunities in the world market. As a signatory of WTO practices Bangladesh
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privatization program in Bangladesh. The paper points out how the country’s privatization program can be improved. Keywords: Privatization, Public Enterprises, Bangladesh. The Scope of this Essay This essay provides an overview of public enterprise inefficiency in Bangladesh and issues related to the problem of privatization of public enterprises in Bangladesh. The main argument of this essay is that there is ample scope for improving the country’s privatization program. The terms and conditions of sale must
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CHAPTER 1: INTRODUCTION 1.1: Origin of the paper This report has been prepared to make a study on the “Management Information System of City Bank Ltd” as a part of the fulfillment of report, required for the completion of the course BUS304: Management Information System and Ecommerce of the Business Administration of University of Liberal Arts Bangladesh. The report was prepared under the supervision of Dominic S. S. V. Bennett, course instructor of Management Information System and Ecommerce
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the world: volume of turnover and number of person employed in a particular organization. Small firms cover a wide variety of firms ranging from the single proprietor business, independent business owners who employ a handful of workers. The central bank of Bangladesh defines any business having a “Net-Worth” of up-to Tk. 10 Million or number of employees between 10 to 50 persons as small and business having a “Net-Worth” between Tk. 10 to 100 Million, or employees between 50 to 100 persons as Medium
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