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Bangladesh Shilpa Rin Sangstha
 

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.

 
 

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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Dhaka Skyline
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
 

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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