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Bangladesh Shilpa Rin Sangstha |
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Bangladesh Shilpa Rin
Sangstha |
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Bangladesh Shilpa Rin
Sangstha (BSRS) was established on October 31, 1972 under the Bangladesh
Shilpa Rin Sangstha Order, 1972 (President's Order No. 128 of 1972) to
provide credit facilities and other assistance to industrial concerns and to
encourage and broaden the base of investment in Bangladesh. BSRS extends
medium and long-term credit facilities to industrial projects mainly in the
private sector.
Besides, it provides underwriting finance/bridge finance/debenture loans to
Public Limited Companies. BSRS provides underwriting commitment to issuers
of stocks and debentures. BSRS also floats and manages mutual fund thereby
providing impetus to the capital market.
It also regularly undertakes
transaction in the Dhaka Stock Exchange. BSRS has two commercial banking
branches. Vision of the Bank is to be recognized and accepted as a leading
specialized Bank in Bangladesh.
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Bangladesh Shilpa Rin
Sangstha (BSRS)
has merger with Bangladesh Shilpa Bank (BSB) to emerged
Bangladesh Development Bank
Limited (BDBL) due to ailing in financial. Please refer to BDBL for
further information. |
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Search other banks in Bangladesh |
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Bangladesh Development Bank
Category : Local Pubic Specialized Bank
SWIFT Code : N/A
Address :
8, Rajuk Avenue
Dhaka 1000
Bangladesh
Telephone : +880 2 9563 476
Facsimile : +880 2 9562 061
Website : www.bdbl.com.bd |
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Bangladesh
Bank, as the central bank, has legal authority to supervise and regulate
all banks and non-bank financial institutions. Bank Company Act, 1991,
empowers
Bangladesh Bank to issue licenses to carry out banking business in
Bangladesh. Given some broad policy goals and objectives, it formulates and
implements monetary policy, manages foreign exchange reserves and lays down
prudential regulations and conduct monitoring thereof as they apply to the
entire banking system. The
Bangladesh
Bank has the power to impose penalties for non-compliance and also to
intervene in the management of a bank if serious problem arise. It also has
the delegated authority of issuing policy directives regarding the foreign
exchange regime.
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